Cotton futures traded around 77 cents per pound, falling more than 13% from a nearly two-year high of 87.77 cents reached on May 11, amid weaker US export demand. A softer US dollar improved US cotton’s competitiveness overseas, but export sales remained subdued, according to the latest USDA data. Adding to the pressure, lower crude oil prices weighed on sentiment, as cheaper feedstock costs for petrochemicals such as naphtha made synthetic fibers more competitive relative to cotton. Despite the recent pullback, cotton prices remain up nearly 18% year-to-date, supported by expectations of tighter global supplies. Persistent dry weather in India and the risk of a Super El Niño affecting key growing regions have dampened the production outlook. Meanwhile, Brazil is positioned to benefit from elevated prices and expectations of drier US weather, remaining on track to achieve a record 3.1 million tonnes in sales by the end of June.
Cotton fell to 77.12 USd/Lbs on July 3, 2026, down 0.01% from the previous day. Over the past month, Cotton's price has fallen 1.75%, but it is still 15.23% 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 July 6 of 2026.
Cotton fell to 77.12 USd/Lbs on July 3, 2026, down 0.01% from the previous day. Over the past month, Cotton's price has fallen 1.75%, but it is still 15.23% 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 78.33 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 82.20 in 12 months time.