Market Movement from 09th Jun 2025 to 14th Jun 2025.
• New York cotton futures remained in a narrow range throughout the week. The latest WASDE report was viewed as somewhat neutral to slightly bullish for the upcoming marketing year. However, due to disappointing macroeconomic conditions, the market failed to react positively. As a result, NY July futures closed the week with a marginal loss of 26 points, while NY December futures ended with a weekly loss of 37 points.
Despite fresh data and global headlines, cotton remained in its narrow range as traders weighed updated supply and demand numbers, cooling inflation, and ongoing trade tensions. Will upcoming Fed decisions and key reports be enough to shift the market’s tone? Get QuickTake’s read on the week’s events in five minutes.
COTTON: The 2025/26 U.S. cotton balance sheet is revised to show lower production, beginning stocks and ending stocks, with consumption, imports, and exports unchanged from last month. Harvested area is lowered 2 percent to 8.19 million acres following extensive rainfall and delayed planting in the Delta. The national average yield for 2025/26 is reduced more than 1 percent from last month to 820 pounds per harvested acre, also because of the conditions in the Delta.
Current Cotton Trading Range Akin to “Watching Paint Dry”
Enough of this bearishness. Enough of the declining demand. I dare use the word “bullish” for what it could imply to some. Yet, there must be some optimism, although I admit it is difficult to find.
Market Movement from 02nd Jun 2025 to 07th Jun 2025.
• The NY Futures traded in a narrow range throughout the week but closed in the green, supported by robust export sales, registering a week-over-week gain of 56 points.