Cotton futures traded around 83 cents per pound, close to the highest since April 2024, mainly supported by elevated oil prices amid the ongoing Middle East disruptions and stalled US-Iran peace talks. Higher crude oil prices increase polyester production costs, which in turn support cotton prices as a natural substitute. At the same time, drought risks persisted across key US growing regions, particularly West Texas, partly offset by better conditions in the Delta and Southeast US. Meanwhile, demand prospects softened following weak US export sales. The latest USDA's weekly export sales report showed net sales of Upland totaling 119,900 running bales for 2025/26, down 26% from the previous week and 55% below the four-week average.
Cotton fell to 83.77 USd/Lbs on May 6, 2026, down 1.21% from the previous day. Over the past month, Cotton's price has risen 17.48%, and is up 24.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Cotton reached an all time high of 227 in March of 2011. Cotton - data, forecasts, historical chart - was last updated on May 6 of 2026.
Cotton fell to 83.77 USd/Lbs on May 6, 2026, down 1.21% from the previous day. Over the past month, Cotton's price has risen 17.48%, and is up 24.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cotton is expected to trade at 84.93 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 88.80 in 12 months time.