CommodiWisor
BRENT CRUDE$82.45+1.2%WTI CRUDE$78.14+1.5%GOLD SPOT$2,342.10+0.4%SILVER$28.15-0.1%COPPER HG$4.52-0.2%URANIUM U3O8$92.00+2.8%LITHIUM CARB$13,400-4.1%WHEAT ZW$562.25+0.1%NATURAL GAS$2.85+3.2%ALUMINUM$2,340+0.6%NICKEL$17,200-1.8%COCOA$7,850+5.4%BRENT CRUDE$82.45+1.2%WTI CRUDE$78.14+1.5%GOLD SPOT$2,342.10+0.4%SILVER$28.15-0.1%COPPER HG$4.52-0.2%URANIUM U3O8$92.00+2.8%LITHIUM CARB$13,400-4.1%WHEAT ZW$562.25+0.1%NATURAL GAS$2.85+3.2%ALUMINUM$2,340+0.6%NICKEL$17,200-1.8%COCOA$7,850+5.4%
Intelligence Engine
Soft Commodities · CT · USc / lb

Cotton

Cotton is range-bound as Chinese reserve releases and weak apparel demand cap upside while sub-cost pricing at the US farm gate prevents sustained downside. Setup for a weather-driven breakout in either direction.

Spot
79.5¢
Δ 24h
-0.8%
Realized Vol
17.2%
Cycle Phase
Accumulation
Price Timeline · 10Y

Interactive History

Hover · Click events
20152016201720182019202020212022202320242025
Annotated Macro Events
2021Texas DroughtUS abandonment hits record; spike above $1.20.
2023Apparel DestockingRetail inventory glut compresses mill demand.
2024Brazil Export RecordBrazil overtakes US as world's #1 exporter.
Cycle Phase Breakdown

Where Cotton Sits in Its Supercycle

45%
20%
15%

Accumulation

45%

Current — range-bound, sub-cost producer stress.

Early Bull

20%

Apparel cycle turn.

Expansion

15%

Weather catalyst.

Distribution

10%

Supply response.

Collapse

10%

Demand shock.

Supply & Demand
  • Global Stocks-to-Use70.2%
  • US Plantings9.6M acres
  • China Mill Demand37 Mb
Cross-Asset Correlation
  • Polyester (PTA)
    0.55
  • Apparel Retail Sales
    0.48
  • CNY
    -0.32
Exposure Vehicles
  • BAL
    iPath Bloomberg Cotton ETN
View Full Tracker →
Related in Soft Commodities

Cocoa

+5.4%
$7,850
Supply Shock