ICE No. 2 Cotton
October 28, 2024
Open High Low Settle Change
Dec '24 70.69 71.04 69.93 70.36 -30
Mar '25 72.90 73.20 72.16 72.54 -31
May '25 74.45 74.74 73.76 74.10 -29
July '25 75.51 75.79 74.86 75.19 -27
Oct '25 - - - 73.67 -32
Dec '25 72.89 73.06 72.48 72.72 -19
Mar '26 - - - 73.36 -12
May '26 - - - 73.85 -12
July '26 - - - 74.26 -5
Oct '26 - - - 73.13 -23
ICE estimated futures volume: 36,000
12月限は寄り付きから暫くは横ばいに推移すると、アジア時間の夜に値を下げる展開。
最終的には前日比30ポイント安の70.36/LBで引けた。推定出来高は36,000枚。
【相場要因】
綿花相場は３日続落となった。１２月限の安値は７０セントを下回っており、これは９月１１日以来となる。また、１０日、２０日、４０日、５０日、１００日、２００日、各移動平均線の下で引けたのは２日連続となった。
穀物や原油を中心に商品相場はリスクオフの展開が続いており、綿花も追随したとみられる。米ドルは続伸となった（+0.04％)。実需面では、バングラデシュ、パキスタン、ベトナム、トルコなどからの引き合いが確認されているが、当用買いが中心とみられる。
【作況進捗報告】
先週比で全米のGOOD/EXCELLENTが4％減少しており、上級品の作柄の進捗に注目が集まる。
Cotton Bolls Opening - Selected States
[These 15 States planted 99% of the 2023 cotton acreage]
------------------------------------------------------------------------
: Week ending :
:-----------------------------------------:
State : October 27, : October 20, : October 27, : 2019-2023
: 2023 : 2024 : 2024 : Average
------------------------------------------------------------------------
: percent
:
Alabama ........: 96 96 97 96
Arizona ........: 100 99 100 100
Arkansas .......: 100 100 100 100
California .....: 89 90 95 94
Georgia ........: 94 94 97 94
Kansas .........: 100 97 98 95
Louisiana ......: 100 100 100 100
Mississippi ....: 100 100 100 99
Missouri .......: 98 99 100 99
North Carolina .: 99 96 98 98
Oklahoma .......: 96 99 100 96
South Carolina .: 95 100 100 97
Tennessee ......: 97 97 99 97
Texas ..........: 88 92 95 92
Virginia .......: 98 100 100 99
:
15 States ......: 92 94 97 94
------------------------------------------------------------------------
Cotton Harvested - Selected States
[These 15 States harvested 98% of the 2023 cotton acreage]
------------------------------------------------------------------------
: Week ending :
:-----------------------------------------:
State : October 27, : October 20, : October 27, : 2019-2023
: 2023 : 2024 : 2024 : Average
------------------------------------------------------------------------
: percent
:
Alabama ........: 50 45 58 46
Arizona ........: 32 70 71 36
Arkansas .......: 83 68 85 75
California .....: 24 25 35 40
Georgia ........: 29 29 39 37
Kansas .........: 34 40 44 22
Louisiana ......: 97 80 90 89
Mississippi ....: 80 74 83 70
Missouri .......: 76 51 68 55
North Carolina .: 32 13 27 38
Oklahoma .......: 30 20 30 26
South Carolina .: 23 35 45 31
Tennessee ......: 57 53 66 51
Texas ..........: 42 43 48 43
Virginia .......: 41 43 54 43
:
15 States ......: 47 44 52 46
------------------------------------------------------------------------
Cotton Condition - Selected States: Week Ending October 27, 2024
[These 15 States planted 99% of the 2023 cotton acreage]
----------------------------------------------------------------------------
State : Very poor : Poor : Fair : Good : Excellent
----------------------------------------------------------------------------
: percent
:
Alabama ........: 3 18 39 39 1
Arizona ........: - 1 - 50 49
Arkansas .......: - 4 23 53 20
California .....: - - - 70 30
Georgia ........: 5 18 42 28 7
Kansas .........: 5 17 35 37 6
Louisiana ......: - 3 19 76 2
Mississippi ....: 3 9 45 37 6
Missouri .......: 3 6 22 69 -
North Carolina .: 2 11 22 58 7
Oklahoma .......: 15 12 53 20 -
South Carolina .: 2 7 35 52 4
Tennessee ......: 16 19 28 31 6
Texas ..........: 22 28 28 20 2
Virginia .......: - 8 22 64 6
:
15 States ......: 15 21 31 29 4
:
Previous week ..: 15 18 30 31 6
Previous year ..: 23 19 29 24 5
----------------------------------------------------------------------------
- Represents zero.
END
