Cotton price action is down 35 to 55 points. Futures closed the Thursday session with most contracts 136 to 216 points lower on the day. The US dollar index was down $0.080 at $99.425. Crude Oil Crude oil losses of $3.11 added some pressure.
USDA’s Export Sales report from Thursday morning showed 185,268 RB of cotton sold for 2025/26 in the week of 5/28. That was a 7-week high. Vietnam was the buyer of 109,900 RB with 16,500 RB sold to Pakistan. There was also 77,145 RB in new crop sales in that week, a 3-week low. The largest buyer was Mexico at 24,000 RB, with 14,100 RB to Indonesia. Shipments were tallied at 268,799 RB, a 14-week low. Vietnam was the top buyer of 79,100 RB, with 48,200 RB shipped to Turkey.