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Members of the Cotton Incorporated team recently returned from ITMA 2023, an influential textile and garment technology exhibition. Held once every four years, ITMA is where key industry decision-makers gather to showcase the latest textile and garment processing technologies, machinery, and materials.

The NY/ICE December contract pushed through resistance near 82 cents/lb around the middle of July. With the USDAS’s reduction to its U.S. production forecast, December prices climbed to levels near 90 cents/lb.

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Since it was established in 1973, Cotton Incorporated’s Seal of Cotton trademark has grown into an iconic household brand. And with 50 years of marketing support from Cotton Incorporated, it’s no wonder that 8 in 10 consumers recognize the trademark and trust it to identify natural, reliable, and hypoallergenic products.

Over the past month, the NY/ICE December contract continued to trade sideways within the range between 77 and 85 cents/lb that has contained values since late November 2022. There was a test of the lower end of that range (closing prices dropped to 77.9 cents/lb on June 26th, which was the lowest level since December 2022)