Fashion
ICE cotton futures hit six-month low amid strong dollar, fast harvest
ICE December cotton futures settled at 64.46 cents per pound, down 0.68 cents or 1.04 per cent. The contract touched an intraday of 64.40 cents, the lowest level since early April 2025. March 2026 contracts lost 0.71 cent to reach 66.38 cents, May 2026 were down 0.69 cent to 67.74 cents, and July 2026 were down 0.64 cent to 68.90 cents. Other contracts settled 15-68 points lower.
ICE cotton futures hit a six-month low as a stronger US dollar and rapid US harvesting drove prices lower.
December futures fell to 64.46 cents per pound, with trading volume surging amid speculative selling.
Market sentiment remains weak, pressured by ongoing harvest progress, delayed USDA data, and reduced global export competitiveness.
The October 2025 contract closed at 62.02 with zero open interest, showing no active positions and indicating potential for a lower path for December. Trading volume rose sharply to 45,016 contracts, up from 27,524 the previous day, signalling stronger speculative and selling activity. ICE deliverable stocks stood at 17,891 bales, unchanged from the prior day.
The US dollar index climbed 0.28 per cent, nearing a two-month high, reducing global competitiveness of US cotton exports. International crude oil prices remained stable as investors weighed OPEC+’s modest November production increase against signs of a global supply glut.
Market sentiment remained weak due to favourable harvest weather, trade tensions, and demand uncertainty in the textile sector.
The US government shutdown entered its seventh day, delaying the release of key USDA reports, including export sales and global supply-demand estimates. The USDA Weekly Export Sales Report, normally published on Thursday, was postponed, while the monthly WASDE report may also be delayed if the shutdown continues.
Analysts said the lack of official data is forcing investors to rely on secondary and unofficial information to gauge cotton demand and predict Federal Reserve interest rate decisions.
Farmers are going all-in on harvesting right now, which is weighing on prices. The higher dollar is also pressuring the market.
Brazil’s National Supply Company (Conab) reported that as of October 4, 2025, the country’s 2024-25 cotton harvest was 99.8 per cent complete, up from 99.2 per cent the previous week, matching last year’s 100 per cent and the five-year average of 100 per cent.
In related markets, CBOT soybean futures rebounded after two days of losses on technical and seasonal buying.
Overall, cotton futures remained under pressure amid harvest activity, strong dollar, and delayed government data.
Currently, ICE cotton for December 2025 was traded at 64.43 cents per pound (down 0.03 cent), cash cotton at 61.96 cents (down 0.68 cent), the October 2025 contract at 62.02 cents (down 0.68 cent), the March 2026 contract at 66.35 cents (down 0.03 cent), the May 2026 contract at 67.70 cents (down 0.04 cent) and the July 2026 contract at 68.73 cents (down 0.17 cent). A few contracts remained at their previous closing levels, with no trading recorded today.
Fibre2Fashion News Desk (KUL)
China will step up building a higher-level China-Vietnam community with a shared future that carries strategic significance, Chinese President Xi Jinping said while holding talks with visiting Vietnamese President To Lam.
China and Vietnam are accelerating efforts to navigate bilateral trade towards a more balanced and sustainable course.
President Xi Jinping recently held talks with visiting Vietnamese President To Lam.
During the visit, Vietnamese Minister of Industry and Trade Le Manh Hung called for a restructuring of production, trade and supply chains alongside stronger investment cooperation.
Xi said both countries should work together in their modernisation drive, accelerate the alignment of development strategies and prioritise infrastructure connectivity.
While meeting Chinese Minister of Commerce Wang Wentao during the state visit, Vietnamese Minister of Industry and Trade Le Manh Hung called for a restructuring of production, trade and supply chains alongside stronger investment cooperation.
Wang said both sides should focus on implementing the high-level common perceptions, including raising bilateral trade turnover to $500 billion in future.
Hung urged China to expand imports of Vietnamese goods, broaden the list of products eligible for tariff preferences and further open its market. He also called for the mutual recognition of quarantine results for agro-forestry-fishery products, facilitation of Vietnamese exports via cross-border e-commerce, and expansion of Vietnam’s trade promotion offices across Chinese localities, according to a Vietnamese news agency.
China will continue to support Vietnam in setting up additional trade promotion offices, following those already established in Chongqing, Hangzhou and Haikou, Wang responded.
China also expressed readiness to support Vietnam’s stronger exports through cross-border e-commerce, encouraging greater visibility of the Vietnam National Pavilion on Chinese e-commerce platforms beyond JD.com to better promote Vietnamese products to Chinese consumers.
China has consistently been Vietnam’s largest trading partner and second-largest export market, while Vietnam continues to be China’s biggest trading partner in the Association of Southeast Asian Nations (ASEAN).
Fibre2Fashion News Desk (DS)
British actors Simone Ashley and Tom Blyth star alongside models Alva Claire, Babacar N’Doye and Sacha Quenby and a cast of synchronised swimmers and divers.
Burberry’s High Summer 2026 campaign captures Britain’s nostalgic lido culture through a sunlit film featuring Simone Ashley and Tom Blyth.
Blending heritage check with pastel tones, the collection spans swimwear, relaxed tailoring, raffia bags and lightweight layers, evoking effortless, poolside summer style.
Directed by Francis Plummer, the campaign reflects a warm, communal British summer mood.
The campaign film is directed by Francis Plummer and shot by photographer Ryan McGinley. The cameras move from loungers to diving boards, catching mid-air dives and friends stretched out in the hazy afternoon light. Before long, the best spots by the pool are claimed with a Burberry towel. Summer has begun. The film is underscored by the TONE remix of ‘Beating’ by Tirzah.
‘A lido holds a particular kind of nostalgia for the British. The moment the sun comes out, we make the most of the weather. We wanted to bring to life a warm summer’s day spent in and around the water’s edge with friends.’ said Daniel Lee Chief Creative Officer, Burberry.
Key styles
The High Summer 2026 collection features the Burberry Check in heritage-inspired sand beige and pastel shades of aubergine purple and cornflower blue.
The iconic Burberry Check bikini is the beach essential, alongside matching swimsuits and men’s swim shorts trimmed with check.
Poolside separates include tops, skirts and shirts cut from cotton voile, plus cover-up dresses woven with a tonal Burberry Check and deckchair-inspired stripes. Ruffled trims and ties at the neckline capture the floaty, effortless feel of the collection. Festival
tank tops in ribbed cotton jersey are trimmed with check straps, while looks are wrapped in lightweight wool silk scarves.
For men, collared shirts and shorts are tailored to relaxed lines and finished with fresh interpretations of the Burberry Check, from textural weaves to intricate embroidered designs. The co-ord set is crafted from lightweight cotton poplin printed with a playful seahorse pattern in honeysuckle pink.
The classic cotton piqué polo shirt comes in a spectrum of vivid and neutral colours. Burberry Check is subtly placed at the placket and trims the collar of T-shirts in soft cotton jersey.
Lightweight hooded jackets are ideal for cooler evenings and unexpected showers, the new-season designs woven in aubergine purple and cornflower blue check.
In shoes, the new Knight Runner sneakers offer a streamlined, low-profile shape for summer. Sandals are elevated in the form of the whipstitched leather Baez and check-trimmed suede Urchin styles, while Burberry Check slides and Pavilion sandals are made for the beach.
Lightweight Margate bags are handcrafted in Madagascar from locally sourced raffia palm leaves, dyed in signature sand beige Burberry Check. Accessories include crocheted bucket hats and wraparound sunglasses, designed to shield from the sun.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
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