WASDE Whispers: Cotton Futures Trim Triumph After USDA Update

Notable updates: The slight 0.2% uptick suggests investor optimism remains, but the retreat after the WASDE release indicates uncertainty over how supply and demand data will impact longer-term cotton prices.
Major trigger: The WASDE report &mdash; a globally watched gauge of supply, demand and ending stocks &mdash; appears to have tempered enthusiasm, prompting a cautionary reset among traders.
Important points: A firmer USD and mixed signals from US export data earlier had already weighed on sentiment. The USDA data adds another layer of ambiguity, leaving the market in a wait-and-see mode for demand confirmation.
Market mood: Sentiment remains tentative. Traders seem unwilling to commit aggressively until clearer demand signals, particularly from export markets and global consumption trends, emerge.

Updated: December 09, 2025 23:30

Image Source: Fibre2Fashion

ICE Cotton Futures rose about 0.2%, but pared gains after the USDA’s WASDE report. The modest uptick reflects cautious optimism, while the USDA data has stirred uncertainty over global supply and demand outlook — leaving market participants in a wait-and-see stance.