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Monthly Economic Letter: February 2022

February 10, 2022

All benchmark prices increased over the past month. The Nearby March NY/ICE futures contract increased from 115 to 127 cents/lb.

Monthly Economic Letter: January 2022

January 14, 2022

All benchmark prices increased over the past month. The March NY/ICE futures fell as low as 104 cents/lb in early December.

Monthly Economic Letter: December 2021

December 16, 2021

The latest USDA report featured a small decrease in global production (-224,000 bales to 121.6 million) and a small increase to global mill-use (+170,000 bales to 124.3 million).

Monthly Economic Letter: November 2021

November 10, 2021

The latest USDA report featured increases to 2021/22 global production (+1.5 million bales to 121.8 million) and mill-use (+0.7 million bales to 124.1 million).

Monthly Economic Letter: October 2021

October 13, 2021

Most benchmark prices surged between late September and the present. After touching values below 90 cents/lb on September 20, the December NY/ICE futures contract surged higher.

Monthly Economic Letter: September 2021

September 13, 2021

U.S and Chinese benchmark prices increased in early August but were flat to lower later in the month and through early September.

Monthly Economic Letter: August 2021

August 13, 2021

Most benchmark prices increased last month. Values for the December NY/ICE futures contract held between 88 and 90 cents/lb for much of July. In early August, futures resumed their climb and have reached levels over 93 cents/lb.

Monthly Economic Letter: July 2021

July 13, 2021

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

Monthly Economic Letter: June 2021

June 11, 2021

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

Monthly Economic Letter: May 2021

May 13, 2021

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.

Monthly Economic Letter: April 2021

April 12, 2021

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.

Monthly Economic Letter: March 2021

March 10, 2021

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.

Monthly Economic Letter: February 2021

February 11, 2021

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.

Monthly Economic Letter: January 2021

January 13, 2021

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

Monthly Economic Letter: December 2020

December 11, 2020

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.