Cotton futures held near 78 cents per pound, close to its lowest level in a month as rising harvest supplies weighed on prices. The US harvest continues to advance, with 63% of the crop harvested by the week ended October 25, above the five-year average of 54%. Peak harvest typically adds seasonal pressure as new supplies enter the market. Competition from Brazil, the world’s leading cotton exporter, is also intensifying, with Anea forecasting shipments of around 3.4 million tonnes, compared with the USDA’s US export forecast of 2.69 million tonnes. Meanwhile, progress in US-China trade talks has yet to deliver meaningful tariff relief, prompting Chinese buyers to scale back foreign purchases. In addition, an accelerating negative feedback from downstream textile demand in China, the world's largest producer of textiles, acts as a marginal driver, where the expected seasonal recovery in September and October failed to materialise.
Cotton rose to 79.11 USd/Lbs on November 6, 2026, up 0.51% from the previous day. Over the past month, Cotton's price has fallen 1.15%, but it is still 24.35% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Cotton reached an all time high of 227.00 in March of 2011. Cotton - data, forecasts, historical chart - was last updated on November 8 of 2026.
Cotton rose to 79.11 USd/Lbs on November 6, 2026, up 0.51% from the previous day. Over the past month, Cotton's price has fallen 1.15%, but it is still 24.35% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cotton is expected to trade at 79.98 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 85.10 in 12 months time.