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ICE cotton dips as strong dollar, weak grains weigh on market

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ICE cotton dips as strong dollar, weak grains weigh on market



ICE cotton futures closed lower as a stronger US dollar made US cotton more expensive for overseas buyers. Weakness in the grain market also spilled over into cotton. Traders are awaiting a clearer outlook from the US export sales report due later today.

ICE’s most active December 2025 contract settled at 66.17 cents per pound (0.453 kg), down 0.47 cent—its fourth-lowest close of 2025. Other contracts ended 25–49 points lower.

ICE cotton futures fell, with December 2025 settling at 66.17 cents per pound, its fourth-lowest close this year, as a stronger US dollar made cotton costlier for overseas buyers and grain market weakness spilled over.
Oil prices jumped nearly 3 per cent, raising polyester costs and supporting cotton demand.
Traders await USDA’s Weekly Export Report for clarity on export activity.

The dollar gained against the yen, Swiss franc, and euro after Federal Reserve Chair Jerome Powell adopted a cautious stance on further easing. A stronger dollar index makes dollar-denominated cotton futures more expensive for holders of other currencies.

International oil prices climbed nearly 3 per cent on Wednesday, hitting a seven-week high. US crude inventories unexpectedly fell last week, while exports from Iraq, Venezuela, and Russia faced disruptions, raising supply concerns. Higher oil prices have lifted polyester costs, making cotton comparatively more attractive.

Trading volume stood at 25,380 contracts, down from 37,880 the previous day. ICE data showed that as of September 23, deliverable No. 2 cotton futures contract inventory remained unchanged at 15,474 bags.

The market continues to challenge US growers, with cash sales proving difficult for both buyers and sellers. However, buying interest has not disappeared, and inquiries have occasionally picked up. The USDA Weekly Export Report is expected to shed light on export demand.

Market analysts noted that CBOT grain futures are trending lower, with limited buying interest from both fundamental and speculative players. Chicago Board of Trade (CBOT) soybean futures also retreated amid concerns over weak US export demand.

Currently, ICE cotton for December 2025 is trading at 66.17 cents per pound (unchanged), cash cotton at 64.17 cents (down 0.47 cent), the October 2025 contract at 64.04 cents (down 0.49 cent), the March 2026 contract at 68.13 cents (up 0.02 cent), the May 2026 contract at 69.49 cents (up 0.01 cent) and the July 2026 contract at 70.49 cents (down 0.04 cent). A few contracts remained at their previous closing levels, with no trading recorded today.

Fibre2Fashion News Desk (KUL)



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Confidence lowest among Dutch textiles-apparel-leather manufacturers

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Confidence lowest among Dutch textiles-apparel-leather manufacturers



The calendar-adjusted output of the Dutch manufacturing sector was 0.7 per cent higher year on year (YoY) in November last year, according to Statistics Netherlands (CBS).

Half of the various industrial sectors produced more than they did last year.

The calendar-adjusted output of the Dutch manufacturing sector was 0.7 per cent higher YoY in November 2025, according to Statistics Netherlands.
Half of the various industrial sectors produced more than they did last year.
Producer confidence in December was above the 20-year average of minus 1.3.
Manufacturers in the textiles, apparel and leather industry were the most negative (minus 4.5).

Producer confidence was less negative in December than the previous month. It stood at minus 1.1, up from minus 1.7 in November. Manufacturers were less negative about their current stocks. Their assessment of the output for the next three months and their current stocks of finished products remained largely unchanged.

Producer confidence in December was above the 20-year average of minus 1.3. Confidence reached an all-time high (10.4) in October 2021 and an all-time low (minus 31.5) in April 2020.

Confidence improved in five of eight of the underlying industrial sectors. However, manufacturers in the textiles, apparel and leather industry were the most negative (minus 4.5).

Fibre2Fashion News Desk (DS)



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Globes red carpet: chic black, naked dresses and a bit of politics

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Globes red carpet: chic black, naked dresses and a bit of politics


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AFP

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January 12, 2026

Hollywood’s top stars hit the red carpet on Sunday for the Golden Globes, the first major event on the road to the Oscars, and they delivered lots of old-school glamour.

Ariana Grande – AFP

Here is a glance at some of the looks seen at the Beverly Hilton Hotel:

Ever-chic black

Selena Gomez is a newlywed and her happiness shows. The best comedy actress nominee for her work on “Only Murders in the Building” radiated joy as she arrived on the arm of her husband Benny Blanco.

She oozed sophistication in a black Chanel column gown with a frothy white feathered strapless neckline, her black bob swept into soft waves.

Gomez was not alone in striking an understated pose, with lots of stars opting for black or dark, wintry hues.

Teyana Taylor, a winner for her searing turn as a leftist revolutionary in hotly-tipped film “One Battle After Another,” scorched the carpet in a cut-out backless black Schiaparelli gown with a halter neckline — and a cheeky crystal bow on her backside.

Ariana Grande (“Wicked: For Good”), who competed with Taylor for the award for best supporting actress, turned heads in a black textured Vivienne Westwood ballgown with an asymmetrical neckline and a bubble silhouette before trailing to the floor.

Her hair was swept into her signature ponytail, and she kept the jewelry simple with a diamond choker.

Amy Madigan, also in their category for her villainous turn in “Weapons,” went for a tuxedo look with cropped pants and patent leather boots.

Nominee Jenna Ortega embraced the goth chic of her title character in “Wednesday” in a black high-neck Dilara Findikoglu gown with glittering epaulets and cut-offs that revealed a bit of side boob… and part of her hip bone.

Among the male stars in attendance, Colman Domingo was as usual a standout, wearing head-to-toe black Valentino, with silvery appliques scattered from his left shoulder down his lapel to his waist.

Naked ambition

Jennifer Lopez is no stranger to strong fashion statements. Her plunging green Versace gown at the Grammys in 2000 is still a reference for winning the red carpet by adopting the “less is more” rule.

On Sunday, Lopez — whose turn in “Kiss of the Spider Woman” was overlooked by Globes voters — wore a figure-hugging sheer gown with bronze patterns snaking over her body, ending in a mermaid fishtail.

Jennifer Lawrence –nominated for best drama actress in a film for “Die My Love” — got the memo as well, rocking a barely-there sheer nude Givenchy gown with only a smattering of strategically placed flowers.

Stars slam deadly ICE shooting

Hollywood never quite has a night out without a bit of politics coming into play.

On Sunday, some of the stars including nominee Mark Ruffalo wore pins with the messages “BE GOOD” — a reference to Renee Good, the Minneapolis woman who was shot and killed by a federal immigration agent.

Comedian Wanda Sykes wore the same pin on her lapel, while actress Natasha Lyonne, a nominee for her TV show “Poker Face,” attached one to her clutch handbag.

The campaign is endorsed by the American Civil Liberties Union (ACLU), one of the country’s most prominent civil rights organizations.By Frederic J. Brown with Susan Stumme in Washington

Copyright © 2026 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.



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L.L. Bean promotes Greg Elder to CEO

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L.L. Bean promotes Greg Elder to CEO


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January 12, 2026

L.L. Bean announced on Friday the promotion of company veteran Greg Elder to the role of president and chief executive officer.

Greg Elder – Courtesy

Elder succeeds Stephen Smith, who will depart the American heritage apparel company after ten years as CEO.

​Elder will transition into his new role as CEO during the first quarter, with Smith continuing to serve on the board as an adviser until March.

Joining L.L. Bean in 2007, Elder has held several leadership positions at the company, including chief retail officer, his most recent post.

Prior to that, he held leadership roles at Eddie Bauer and Dayton Hudson Corporation, now known as Target. Elder is also a member of the Retail Industry Leaders Association.

“We were deliberate in finding a leader who will continue to honor our brand heritage while positioning us for the next era of growth,” Shawn Gorman, chairman of the board of L.L. Bean said in a statement. “Greg rose to the top because of his deep respect for our history, incredible knowledge of our business, strong track record of results and clear vision for the future.” 

Elder will be the Freeport, Maine-based company’s fifth CEO in its 114-year history.

“What makes L.L.Bean truly special is its people and purpose. I’m proud to take on this responsibility alongside such a committed and talented team, and I’m grateful for the trust of the Bean family and our board as we begin this next chapter together,” said Elder.

“I’m also thankful for the past 10 years of leadership and friendship from Stephen Smith, who has led the company with heart and conviction through some particularly challenging seasons.

“This brand has been part of my life for many years, and it has deep personal meaning for me to accept this role. Our heritage, our connection to the outdoors and our culture of service and craftsmanship are powerful foundations. At the same time, we have an opportunity and a responsibility to keep evolving: to sharpen our product focus, deepen our connection with customers and ensure L.L.Bean remains relevant and inspiring for the next generation.”

Copyright © 2026 FashionNetwork.com All rights reserved.



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