News

Although several prices slipped around the middle of June, most benchmarks are slightly higher than their levels one month ago.

Indian and Pakistani prices increased over the past month, while NY/ICE futures, the A Index, and Chinese cotton prices fell and rebounded.

All benchmark prices increased over the past month. Since early March, the July NY/ICE futures contract has risen from 78 to those above 90 cents/lb. In the latest trading, prices have been near 88 cents/lb.

All benchmark prices decreased over the past month. The May NY/ICE futures contract fell from 88 to 78 cents/lb between early March and early April. In later trading, prices have rebounded to levels near 82 cents/lb.

Most benchmark prices increased throughout February but decreased in early March. The May NY/ICE futures contract rose from values near 85 cents/lb one month ago to levels approaching 94 cents/lb on February 24.