https://www.instagram.com/vanessaclarkipai
This is your Daily Cotton Price Tracker with Vanessa Clark podcast.
Hello and welcome to the Daily Cotton Price Tracker. I’m Vanessa Clark, bringing you the latest news and essential updates from the cotton market. Whether you’re a grower, trader, or just cotton-curious, my goal is to keep you in the loop on price movements, global supply, and what’s driving the market today.
It’s Wednesday, November twenty-sixth, and traders are settling in for a quieter week as the US holiday impacts market activity. Let’s kick things off with the latest on pricing. Cotton futures are up modestly across the board. The most actively traded March twenty twenty-six contract is holding at around sixty-four point six cents per pound this afternoon, having climbed over the past few sessions. December twenty twenty-five cotton is trading at about sixty-two point four cents, and May is up at sixty-five point seven cents per pound. For reference, recent online auctions have seen cash prices averaging just below sixty cents a pound. On the international front, imported cotton arriving at Chinese ports is trading significantly higher, recently hitting seventy-two cents per pound.
Looking at price trends, cotton has bounced slightly from the five-year lows seen earlier this month but remains in a relatively narrow range. Experts at research firm BMI expect cotton futures to hold steady for the rest of this year, with an average forecast of sixty-seven cents per pound for twenty twenty-five. The overall trend is sideways, meaning prices are essentially drifting rather than surging up or collapsing further. Leading cotton brokers suggest the near-term range will likely stick between sixty-three and sixty-five cents per pound, unless new demand or supply surprises upend the market.
Speaking of supply and demand, the latest US Department of Agriculture numbers show cotton harvest is about seventy-nine percent complete as of November twenty-third, very much in line with historical averages. Export sales have been solid, led by buyers from Vietnam, China, India, Guatemala, and Pakistan. Though US upland cotton exports have dipped slightly year on year, physical shipments are running ahead of last year’s pace. This confirms that, despite some market uncertainty, international demand for US cotton is steady and key global buyers remain active.
A quick check-in on spinning margins: Chinese mills report profitability improving on lower inventories and better yarn sales, but there are signs that smaller factories may slow production if new orders don’t pick up soon. Xinjiang’s large cotton mills continue to operate near full capacity, and demand for specialty yarns has rebounded, especially in coastal China.
So what’s the actionable takeaway for today’s cotton price tracker listeners? First, if you’re planning to sell cotton in the next few weeks, keep in mind that holiday trading tends to slow volume, which can mean more price volatility on lighter trades. If you’re a buyer looking to hedge, now’s a good time to consider locking in contracts while prices remain steady and exports strong. And for everyone in the supply chain, it is a great moment to review your forward positions, as global demand signals remain stable heading toward the new year.
That wraps up today’s update on cotton prices, harvest progress, and world demand. Thanks for tuning in to the Daily Cotton Price Tracker with Vanessa Clark. If you found today’s insights helpful, be sure to subscribe and join me again tomorrow for more market moves and practical tips. Until then, wishing you steady prices and smooth trading.
For more http://www.quietplease.ai
Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r
This content was created in partnership and with the help of Artificial Intelligence AI
Voir plus
Voir moins
3 min