Markets· August 17, 2026 at 12:29 p.m.
Cotton Prices Rally, Reach Highest Levels in Over Two Years
Key takeaways
- Cotton prices have reached their highest levels in over two years
- Managed money added significantly to their net long position in cotton futures and options
- Wheat prices are also on the rise
Cotton prices have surged on Monday morning, with futures increasing by 34 to 47 points. This rally follows a 116 to 130 point gain on Friday, pushing the front month up significantly. The December contract is now 40 points higher on the week. Crude oil also saw an increase of $1.15 per barrel, while the US dollar index dropped by $0.320. These movements suggest a positive sentiment in the commodity market.
