Cotton Prices Under Pressure Amid Uncertainty
2025-10-08 19:22
By
Mojdeh Kazemi
1 min. read
Cotton futures were trading below 65 cents per pound after briefly touching their lowest level in six months, pressured by ample supply, sluggish demand, and the absence of fresh USDA data.
A stronger US dollar, which gained 0.28%, further eroded cotton’s global competitiveness by making American fiber more expensive for international buyers.
The ongoing US government shutdown, now in its second week, has delayed key USDA reports—including export sales and the WASDE—leaving traders with limited insight into demand trends.
Trading activity picked up, with volume surpassing 45,000 contracts, signaling heightened speculative and selling pressure.
Continued harvest progress and favorable weather conditions have also added to the downward pressure on prices.
Overall, cotton futures remain weighed down by strong supply, demand uncertainty, and currency strength.