News

Most benchmark prices decreased over the past month. Values for the December NY futures contract moved lower in the second half of September, dropping from 82 to 76 cents/lb by early October.

Most benchmark prices decreased over the past month. Chinese prices were stable. After moving lower in early August, values for the December NY futures contract have been range-bound, generally trading between 81 and 84 cents/lb.

In contrast to recent months, when cotton prices have been volatile, several benchmarks were stable over the past month. Indian and Pakistani prices, however, increased.

NY Futures and the A Index moved sharply lower in the middle of June, erasing gains made earlier that month.

The global cotton market was volatile over the past month, with values for most benchmark prices moving strongly higher in the second half of May.