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Cotton price today: trend, volatility and seasonality

Data updated October 13, 2026

80.04usd/lbs−0.77% today

Cotton last traded at 80.04 usd/lbs (close of October 13, 2026), up 25.2% year to date and up 26.8% over twelve months.

It is in an uptrend: both the price and its 50-day average are above the 200-day average, with the price 5.7% above that average.

Over the past 52 weeks it has ranged between 61.04 and 93.14; today's price sits at 61% of that range.

One-month volatility is 26% annualised, close to the middle of its historical range, and the largest fall from a high in the last year was 16.5%.

Returns by period

1W
−0.9%
1M
−6.4%
3M
−0.4%
6M
+5.2%
Year to date
+25.2%
1Y
+26.8%
3Y
—
5Y
—

Spot price changes, close to close. They do not include the roll cost or carry of futures, which is what commodity ETFs earn.

Cotton over five years (start = 100)

100.00120.00140.002026
Spot price, indexed200-day moving average

Trend and risk

Trend (50/200-day)
Uptrend
vs 200-day average
+5.7%
RSI (14 days)
43
Momentum 12-1
+35.6%
Volatility 1M
25.8%
Volatility 1Y
22.5%
Max drawdown 1Y
−16.5%
52-week range position
61%

Futures positioning (CFTC COT)

Managed money (hedge funds and CTAs) held a net long position of 57,118 contracts in Cotton (14.9% of open interest), in the upper part of its one-year range. MEDGE reads this as “funds adding shorts”. Report of October 6, 2026.

Cotton COT report: positions, history and what followed extremes →

Questions

How has cotton performed this year?

As of October 13, 2026, Cotton is +25.2% year to date and +26.8% over the last twelve months, at 80.04 usd/lbs.

Is cotton above its 200-day moving average?

Yes: the price is 5.7% above its 200-day average of 76.20. With the 50-day average also above it, the trend reads as up.

How volatile is cotton?

Its one-month volatility is 25.8% annualised and one-year volatility 22.5%. Current volatility is at the 75th percentile of all one-month windows in the available history.

Are hedge funds long or short cotton?

Managed money (hedge funds and CTAs) held a net long position of 57,118 contracts in Cotton (14.9% of open interest), in the upper part of its one-year range. Figures from the CFTC Commitments of Traders report of October 6, 2026.

Related

Source: MarketStack commodity prices; CFTC Commitments of Traders (Disaggregated, futures only). Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.