Cotton Futures Rise to 2-Month High

2026-07-13 11:50 By Larissa Caser 1 min. read

Cotton futures rose above 82 cents per pound, the highest level in two months, as increasing oil prices due to geopolitical tensions and adverse weather supported prices.

US-Iran tensions persisted, while uncertainty remained over shipping through the Strait of Hormuz.

President Donald Trump stated that the waterway remained open to commercial vessels, while Tehran claimed it had closed the strait, increasing oil prices and boosting cotton.

Meanwhile, concerns over weather-related supply risks continued to support prices.

India's monsoon is expected to bring below-average rainfall, potentially delaying cotton sowing, which was already running 23% below last year's pace.

However, gains were capped by booming Brazilian cotton exports to Asian markets and the latest World Agricultural Supply and Demand Estimates, which projected larger cotton crops in Brazil and the United States alongside only a modest increase in global consumption.



News Stream
Cotton Futures Rise to 2-Month High
Cotton futures rose above 82 cents per pound, the highest level in two months, as increasing oil prices due to geopolitical tensions and adverse weather supported prices. US-Iran tensions persisted, while uncertainty remained over shipping through the Strait of Hormuz. President Donald Trump stated that the waterway remained open to commercial vessels, while Tehran claimed it had closed the strait, increasing oil prices and boosting cotton. Meanwhile, concerns over weather-related supply risks continued to support prices. India's monsoon is expected to bring below-average rainfall, potentially delaying cotton sowing, which was already running 23% below last year's pace. However, gains were capped by booming Brazilian cotton exports to Asian markets and the latest World Agricultural Supply and Demand Estimates, which projected larger cotton crops in Brazil and the United States alongside only a modest increase in global consumption.
2026-07-13
Cotton Futures Climb Off One-Month High
Cotton futures fell toward 80 cents per pound after reaching a one-month high of 81.2 cents on July 7, pressured by a stronger US dollar amid renewed Middle East tensions. US President Donald Trump declared the ceasefire with Iran over and revoked the 60-day waiver allowing Tehran to sell crude, while surging oil prices renewed concerns over supply disruptions and boosted the greenback, making US dollar-denominated commodities more expensive. At the same time, higher oil prices raised feedstock costs for petrochemicals such as naphtha, making synthetic fibers less competitive and helping limit cotton’s losses. Meanwhile, adverse weather continued to support prices, with US crops facing record heat despite most planting being completed. India is expected to receive below-average monsoon rainfall after its fifth-driest June since 1901, delaying planting, while Brazil’s cotton exports rose 10.6% from a year earlier.
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Cotton increased to 80.49 USd/Lbs, the highest since June 2026. Over the past 4 weeks, Cotton gained 3.57%, and in the last 12 months, it increased 21.99%.
2026-07-07