Cotton futures closed the Thursday session with contracts down 198 to 362 points across the board. The US dollar index was $0.151 higher at $99.165. Crude oil was down $0.26 on the day to $98.00.
USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26 in the week of 5/14. That was a 3-week high and 7.86% above the same week last year. Pakistan was the buyer of 65,300 RB, with 23,100 RB sold to Vietnam. There was also 215,962 RB in new crop sales in that week, a MY high. Much hos that was sold to Pakistan at 206,100 RB, with 4,500 RB sold to Indonesia. Shipments were tallied at 289,351 RB, a 9-week low. Vietnam was the destination of 110,800 RB with 28,700 RB headed to Turkey.
