Cotton futures ended mostly lower on May 21, with contracts for 2026 and 2027 showing losses between 6 and 73 points, while some deferred contracts posted gains of up to 29 points. The US dollar index rose by $0.304 to reach $99.570, and crude oil fell by $5.07 amid reports that negotiations between the United States and Iran are nearing completion.
The Cotlook A Index increased by 300 points on May 19 to reach 90.65 cents. ICE certified cotton stocks remained unchanged at a level of 203,403 bales as of May 18. The Adjusted World Price climbed another 228 points last week to stand at 71.87 cents per pound.
In contract specifics, July 2026 cotton closed at 81.6 cents, down by 73 points; December 2026 cotton settled at 82.96 cents, a decrease of 20 points; and March 2027 cotton finished at 83.77 cents, falling by13 points.
Austin Schroeder said, “On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article.” He also said, “All information and data in this article is solely for informational purposes.” Readers can view more details in the Barchart Disclosure Policy linked within the original source.
