News

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.

Most cotton benchmark prices increased over the past month. Trading activity has started to shift out of the Nearby March NY/ICE futures contract and into the May contract.

Global cotton prices continued to rise over the past month. The NY March futures contract climbed from 74 cents/lb to 82 cents/lb.

Most international benchmark prices increased over the past month. The NY March futures contract climbed from 70 cents/lb to 74 cents/lb. Cotlook’s A Index rose from 76 to 80 cents/lb.