Grains lift ICE cotton futures; crude slump limits gains

ICE cotton futures continued to rise yesterday, supported by gains within the US grain markets. Stronger grain costs offset weaker crude oil and profit-booking strain available in the market. However, US cotton commerce circulation slowed amid the continued authorities shutdown, which has now entered its fourth consecutive week.

ICE December cotton futures settled at 65.05 cents per pound, up 0.49 cents. The contract has efficiently closed above the 65-cent stage for 3 consecutive weeks. Cotton futures recorded 4 straight classes of gains, reflecting continued restoration momentum. The contract has gained a complete of 131 factors during the last 4 classes. Other contracts additionally ended increased, with gains ranging between 30 and 53 factors.

ICE cotton futures rose for the 4th straight session, with December 2025 contracts settling at 65.05 cents per pound.
Gains in US grain markets offered cross-commodity assist, offsetting strain from falling crude oil.
However, polyester’s cheaper manufacturing prices, the extended US authorities shutdown delaying USDA knowledge, and chronic commerce tensions continued to cloud international cotton demand outlook.

The complete buying and selling quantity for the session stood at 44,549 contracts, indicating reasonable participation. The variety of cleared contracts was reported at 52,963, in comparison with the day gone by’s stage, suggesting energetic clearing exercise.

Market analysts stated the rally in grain markets offered cross-commodity assist to cotton costs, offsetting different bearish elements.

Chicago soybean futures hit a 15-month excessive on Tuesday, pushed by optimism over upcoming US–Asia commerce talks and constructive expectations surrounding the US President’s go to to Asia.

Meanwhile, crude oil costs fell by almost 2 per cent, marking their third consecutive each day decline, as merchants evaluated the affect of US sanctions on Russia’s two largest oil corporations and doable OPEC+ manufacturing will increase.

Meanwhile, crude oil costs fell almost 2 per cent, marking their third consecutive each day decline, as merchants assessed the affect of US sanctions on Russia’s two largest oil corporations and potential OPEC+ manufacturing will increase.

The decline in oil costs made polyester—a key substitute fibre for cotton—cheaper for producers, thereby lowering demand for cotton.

The US authorities shutdown, now approaching its fourth week, has delayed a number of main financial and agricultural stories, together with the USDA’s month-to-month provide and demand report, including uncertainty to market expectations. The shutdown has additionally slowed cotton commerce flows, lowering entry to official knowledge and affecting total market transparency.

Persistent commerce tensions between the United States, the world’s largest cotton producer, and key importing nations proceed to weigh on the worldwide demand outlook for cotton.

As of this morning (Indian Standard Time), ICE cotton for December 2025 was buying and selling at 65.05 cents per pound (unchanged), money cotton at 62.55 cents (up 0.49 cent), the March 2026 contract at 66.60 cents (unchanged), the May 2026 contract at 67.82 cents (up 0.02 cent), the July 2026 contract at 68.93 cents (unchanged), and the October 2026 contract at 68.70 cents (up 0.39 cent). Some contracts remained at their earlier closing ranges, with no buying and selling recorded thus far at this time.

Fibre2Fashion News Desk (KUL)