Cotton futures prices today’s cotton futures prices stand at

Today’s cotton futures prices stand at 82.00 cents, staying within the month’s trading range. Market chatter suggests that speculative funds are scaling into positions with an eye on the historical seasonal uptrend. As I wrote in the August monthly recap, “ the U.S. natural gas futures market tends to reach seasonal highs when the injection season ends and withdrawal from stockpiles begins in November. However, the futures market tends to reflect the upcoming peak demand season in early fall .” We could see increasing volatility in NYMEX U.S. natural gas futures over the coming weeks. LNG demand from Europe could support prices as U.S. supplies replace Russian natural gas exports to the European market. Nearby natural gas futures prices were just over $3.30 per MMBtu at the end of September, but prices for January 2026 delivery settled at $4.177 per MMBtu on September 30, as the market expects rising prices over the coming weeks and months. Meanwhile, world cotton consumption is forecast down more than 500,000 bales, to 116.0 million, on lower use in China. The U.S. is China’s largest export market for cotton products. The USDA said significantly higher U.S. import tariffs are expected to lower U.S. cotton demand. Cotton futures prices are currently at 81.95 cents, supported by solid export inquiries from Turkey. With geopolitical tensions in shipping lanes, analysts predict possible disruptions that could add risk premiums to futures contracts.