Market Movement from 19th May 2025 to 24th May 2025.
• New York futures remained steady to firm despite the absence of any fresh news to guide the market. Historically, the 65-cent level has acted as a support area, below which additional selling pressure tends to ease. As a result, the July contract closed the week with a gain of 122 points, week-over-week.
With headline risk subdued and few data releases, cotton prices were little changed. With uncertainty around tariffs and global developments still looming, where will cotton prices go from here? Get QuickTake’s read on the week’s events in five minutes.
We are all well worn out with low prices and negative comments. Too, the general news media can’t seem to be happy unless they tell us how weak the economy is. But this past week was full of economic news, all positive.
Market Movement from 12th May 2025 to 17th May 2025.
• The bearish WASDE report continued to pressure prices downward, leading to another week of triple-digit losses for NY July. The contract closed the week with a loss of 172 points, week-over-week.
While the cotton market continues to react to headlines, this week brought a dose of fundamentals with the release of the 2025/26 supply and demand outlook. With uncertainty still hanging over the market, where does it go from here? Get QuickTake’s read on the week’s events in five minutes.