Cotton Futures Hover Around 64 Cents
2025-12-08 12:57
By
Luisa Carvalho
1 min. read
Cotton futures traded around 64 cents per pound, down from a one-month high of 64.6 cents per pound hit on December 2nd, amid signs of weak demand.
The latest USDA's weekly cotton export sales report for the week ending October 30 showed net sales of 81,500 bales in 2025/26, down 39% from the previous week and 51% below the four-week average.
Traders are now awaiting the USDA export sales report for the week ending November 6, which was delayed due to the 43-day US government shutdown.
The USDA is scheduled to release its crop production report, followed by the World Agricultural Supply and Demand Estimates (WASDE) on December 9.
Meanwhile, the Cotton Association of India (CAI) has projected India's cotton production at 309.50 lakh bales for the current marketing season 2025/26, which began in October, slightly above the previous estimate but below last season.