Cotton Quotes Holding Steady Through Thursday Morning Trading

DeFi_Dad_Jokes · 2026-02-16T02:05:29+00:00

Cotton futures are stable with modest gains on Thursday, as March and May contracts show resilience amid mixed trading. Influential factors include rising crude oil prices and fluctuations in the US dollar, affecting export dynamics.

DeFi_Dad_Jokes

2026-02-16 02:05:29

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Cotton futures are maintaining their ground as Thursday morning trading unfolds, with front-month contracts showing resilience. Price quotes reflect a market that’s consolidating rather than running away, with the nearbys trading steady to 5 points higher in early session trade. Wednesday’s session painted a different picture, with contracts experiencing a wider range—some slipping 10 points while others advanced 14 points, signaling indecision among traders seeking direction for the complex.

Front-Month Futures Show Modest Resilience

The current quotes reveal a measured tone across cotton’s contract ladder. March 26 cotton closed at 73 cents, down slightly from the prior session, while May 26 cotton advanced to 65.46 cents and is currently up 2 points on the day. July 26 cotton, the most actively watched contract for many traders, settled at 67.10 cents with a 9-point daily gain. These patterns suggest support is holding at current levels, though conviction remains limited in the broader Thursday morning session.

Supporting Factors: Energy and Currency Influences

Understanding cotton’s price action requires looking beyond the cotton market itself. Crude oil futures gained $1.10 per barrel, settling at $63.49, providing underlying support for the complex as energy costs remain elevated. Simultaneously, the US dollar index bounced back $0.144 to 96.195 after yesterday’s sharp slide, a factor that matters significantly for cotton exports and international demand equilibrium. These movements form the backdrop against which Thursday morning quotes are being formulated.

Market Data and Official Quotes

The Cotlook A Index, the global benchmark for cotton pricing, was down 75 points at 73.30 cents in recent trading. Meanwhile, The Seam’s online auction recorded sales of 56.06 cents per pound across 10,023 bales, providing fresh supply data for market participants. ICE certified cotton stocks added just 2 bales to reach 8,597 bales, indicating a relatively stable inventory position. The Adjusted World Price was set at 50.99 cents per pound in recent sessions, down 18 points week-over-week, showing pressure in the broader global pricing framework alongside the Thursday morning quotes flowing through futures markets.

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