ICE March cotton futures closed at 82.51 cents per pound, down 0.09 cent, while May futures fell 0.06 cent to 84.09 cents. The Cotlook A Index rose 0.15 cent to 90.85 cents per pound; the USDA’s November outlook showed lower global cotton production, consumption and stocks than in October, with trade slightly higher.
The session’s small futures decline is a routine market move, while the reported global balance-sheet revisions provide mixed context rather than a clear feed-market supply or demand signal.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.