ICE No. 2 Cotton
October 19, 2026
Open High Low Settle Change
Dec '26 80.03 80.79 79.86 80.13 +13
Mar '26 83.31 83.97 83.24 83.43 +19
May '27 85.12 85.61 84.92 85.09 +16
Jul '27 85.57 86.05 85.40 85.56 +15
Oct '27 - - - 79.35 +4
Dec '27 79.08 79.45 78.95 79.08 +8
Mar '28 79.99 79.99 79.63 79.65 +5
May '28 80.19 80.19 79.80 79.87 +3
Jul '28 79.92 79.92 79.50 79.67 +2
Oct '28 - - - 77.71 +2
ICE estimated futures volume: 32,300
12月限は薄商いの中、小幅に上げた。引けにかけては上げ幅を縮小し、最終的に前日比13ポイント高の80.13/LBで引けた。推定出来高は32,300枚。
【相場動向要因】
綿花相場は独自要因に乏しく、ポジション調整が占めた。
高騰する原油に綿花相場は下支えを受け、底堅い値動きが続いている。対照的に、その他穀物相場は良好な天候から値を下げた。
実需は当用買いの姿勢に留まっており、手前積み月の需要の弱さがうかがえる。
投機筋が手前の買い建て玉を先の限月に乗り換える動きが見られる。
本日米国綿花作柄進捗が報告された。米国全体の開絮率は全米で85％で、過去5年平均の89%を下回った。米国全体の収穫率は41%で、過去5年平均の37%を上回った。詳細は以下。
Cotton Bolls Opening - Selected States
[These 15 States planted 99% of the 2025 cotton acreage]
------------------------------------------------------------------------
: Week ending :
:-----------------------------------------:
State : October 18, : October 11, : October 18, : 2021-2025
: 2025 : 2026 : 2026 : Average
------------------------------------------------------------------------
: percent
:
Alabama ........: (NA) 87 90 94
Arizona ........: (NA) 94 95 98
Arkansas .......: (NA) 100 100 100
California .....: (NA) 85 90 88
Georgia ........: (NA) 89 93 92
Kansas .........: (NA) 84 93 85
Louisiana ......: (NA) 98 100 100
Mississippi ....: (NA) 98 100 97
Missouri .......: (NA) 97 98 98
North Carolina .: (NA) 90 92 92
Oklahoma .......: (NA) 75 76 93
South Carolina .: (NA) 96 98 95
Tennessee ......: (NA) 95 99 94
Texas ..........: (NA) 75 78 84
Virginia .......: (NA) 97 99 97
:
15 States ......: (NA) 82 85 89
------------------------------------------------------------------------
(NA) Not available.
Cotton Harvested - Selected States
[These 15 States harvested 99% of the 2025 cotton acreage]
------------------------------------------------------------------------
: Week ending :
:-----------------------------------------:
State : October 18, : October 11, : October 18, : 2021-2025
: 2025 : 2026 : 2026 : Average
------------------------------------------------------------------------
: percent
:
Alabama ........: (NA) 28 38 34
Arizona ........: (NA) 43 45 40
Arkansas .......: (NA) 45 63 53
California .....: (NA) 20 40 29
Georgia ........: (NA) 16 26 25
Kansas .........: (NA) 9 12 21
Louisiana ......: (NA) 64 72 74
Mississippi ....: (NA) 57 70 58
Missouri .......: (NA) 20 42 42
North Carolina .: (NA) 13 16 18
Oklahoma .......: (NA) 1 9 18
South Carolina .: (NA) 12 16 22
Tennessee ......: (NA) 35 46 35
Texas ..........: (NA) 38 46 39
Virginia .......: (NA) 18 27 33
:
15 States ......: (NA) 31 41 37
------------------------------------------------------------------------
(NA) Not available.
Cotton Condition - Selected States: Week Ending October 18, 2026
[These 15 States planted 99% of the 2025 cotton acreage]
----------------------------------------------------------------------------
State : Very poor : Poor : Fair : Good : Excellent
----------------------------------------------------------------------------
: percent
:
Alabama ........: 1 13 32 40 14
Arizona ........: 3 5 13 35 44
Arkansas .......: 1 3 20 52 24
California .....: - - 5 5 90
Georgia ........: 2 16 28 48 6
Kansas .........: 11 28 37 20 4
Louisiana ......: - 6 29 63 2
Mississippi ....: - 5 55 30 10
Missouri .......: - - 14 85 1
North Carolina .: 4 4 17 51 24
Oklahoma .......: 10 49 32 8 1
South Carolina .: 2 6 32 44 16
Tennessee ......: 2 6 24 58 10
Texas ..........: 20 32 30 15 3
Virginia .......: 10 19 42 29 -
:
15 States ......: 13 24 28 28 7
:
Previous week ..: 12 24 30 28 6
Previous year ..: (NA) (NA) (NA) (NA) (NA)
----------------------------------------------------------------------------
- Represents zero.
(NA) Not available.
END
