Cotton Complex Weak on Thu; Sales Up 22.67% YOY at 249,836 bales

Cotton futures trade lower across all front-month contracts on February 4, closing at 61.76, 63.5, and 65.26 for March, May, and July, down 48, 49, and 46 points, respectively. Sales in the week ending January 29 totaled 249,836 bales, up 22.67% from the prior week but 10.78% below the same week in 2025. Shipments of 235,313 bales were 8.45% lower than a week ago but 53.29% higher than the same week in 2025, with major destinations: Vietnam (84,300 bales), Pakistan (29,100 bales), and China (not specified). Vietnam accounted for 54,000 bales, Pakistan for 48,100 bales. The online auction sold 57.91 cents/lb on 5,856 bales; the Cotlook A Index at 73.15 cents/lb; ICE certified stocks at 47,653 bales, up 11,138 from the prior day; and the Adjusted World Price at 49.78 cents/lb, down 42 points from the prior day. Crude oil futures fell $2.02 to $63.12 on the day; the dollar index at $97.860, up $0.371.