Cotton futures plunged below 80 cents per pound, approaching their lowest level in three months, pressured by rising new-crop supplies and subdued export demand. The US harvest is progressing faster than both last year and the five-year average, with 17% of the crop harvested compared with the historical average of 15%, while Texas and Arizona are running well ahead of their normal pace, according to the latest USDA NASS Crop Progress report. Ample supplies from Brazil are adding to the bearish pressure, with the country producing more than 4.1 million tonnes and exporting a record 3.37 million tonnes in 2025/26, up 19% from the previous season, intensifying competition in global markets. Meanwhile, import demand from key Asian consumers remains weak. China, the world’s largest cotton consumer, imported just 80,000 tonnes in August 2026, down 12.1% from 90,000 tonnes in July.
Cotton fell to 78.36 USd/Lbs on October 1, 2026, down 0.21% from the previous day. Over the past month, Cotton's price has fallen 11.89%, but it is still 20.38% higher than a year ago, 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 October 1 of 2026.
Cotton fell to 78.36 USd/Lbs on October 1, 2026, down 0.21% from the previous day. Over the past month, Cotton's price has fallen 11.89%, but it is still 20.38% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cotton is expected to trade at 85.70 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 88.79 in 12 months time.