Cotton futures traded around 78 cents per pound, near the lowest in a week, as the dollar held firm and improved weather conditions boosted crop prospects. Local reports indicated that recent rainfall across parts of the US Cotton Belt improved soil moisture and crop prospects, reinforcing expectations of a stronger supply outlook. Favourable conditions were noted across northern West Texas, the Coastal Bend, the Delta and the Southeast. Overall, US cotton supply fundamentals remain relatively comfortable, despite some demand support from India. The latest US Weekly Crop Progress report showed cotton planting had reached 66%, up from 53% a week earlier and 64% a year ago, broadly in line with the five-year average of 67%. Meanwhile, New Delhi has suspended cotton import duties for five months to help textile mills secure cheaper raw materials and support garment exports. The move is expected to boost imports from Australia, Brazil, the United States and African producers.
Cotton fell to 77.28 USd/Lbs on June 9, 2026, down 0.23% from the previous day. Over the past month, Cotton's price has fallen 11.95%, but it is still 18.20% 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 in March of 2011. Cotton - data, forecasts, historical chart - was last updated on June 9 of 2026.
Cotton fell to 77.28 USd/Lbs on June 9, 2026, down 0.23% from the previous day. Over the past month, Cotton's price has fallen 11.95%, but it is still 18.20% 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 77.80 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 82.36 in 12 months time.