Cotton sinks 4.5% to 4-year lows on China retaliatory tariffs impact 📉

Cotton futures tumbled today to their lowest level since August 2020 after China, the world’s largest buyer of the fiber, imposed new 15% retilatory tariffs on American cotton and other U.S. agricultural products. The move comes as a direct response to President Donald Trump’s decision to raise tariffs on Chinese imports to 20%, escalating tensions in the ongoing trade dispute.

The benchmark cotton contract in New York slid as much as 3.7% on Tuesday, reaching 63.12 cents per pound, as traders reacted to concerns over declining demand from China. According to U.S. Department of Agriculture (USDA) data, China remains a crucial market for American cotton, accounting for $1.5 billion in exports last year.

Other agricultural commodities targeted by China’s retaliatory measures also saw sharp declines, adding to market uncertainty. Meanwhile, the trade battle is widening beyond China—Trump’s 25% tariffs on select Mexican and Canadian imports also went into effect. Mexican President Claudia Sheinbaum announced that Mexico is preparing countermeasures, which could further impact U.S. agricultural exports, including cotton. USDA figures show that the U.S. exported $245 million worth of cotton to Mexico last year.

Soruce: xStation5

15 October 2026, 6:01 PM

Oil gains as U.S. crude inventories fall

15 October 2026, 1:26 PM

Nickel market panic 🚩 INSG revises forecast, surplus in 2027?

15 October 2026, 1:04 PM

Market Wrap: Tech Sell-Off Hits Europe, Gold Shines Again

15 October 2026, 11:51 AM

Gold sell-off over? 🔼 Central banks buy the most in nearly two years

Commodities

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days