Cotton futures closed out the Thursday session with contracts down 24 to 29 points, as outside markets continued to add pressure. The US dollar index was up $0.249 to $99.835, as crude oil futures were 78 cents/barrel lower.
This morning’s Export Sales report indicated a total of 39,124 RB of old crop cotton in the week ending on July 24, the highest in 3 weeks. Vietnam was the buyer of 27,100 RB. Sales for new crop were 71,683 RB. The top buyer of 2025/26 was Vietnam at 27,400 RB, with 13,800 RB sold to Honduras. Shipments were 230,949 RB which was a 3-week high. The top destination was Vietnam at 66,400 RB, with 44,400 RB headed to Turkey.
