Cotton prices were fairly stable in recent weeks, with the impact of the U.S. government’s downward revision to global cotton production and exports estimates largely offset by a stronger dollar. In September, cotton prices averaged USD 86.6 cents per metric ton, 0.3% higher than August’s price but down 14.3% year on year. Meanwhile, on 29 September, cotton traded at USD 86.9 cents per pound, down 1.4% month on month.
Cotton ICE (prices in US¢/lb, aop)
Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
---|---|---|---|---|---|---|---|---|
Cotton ICE | - | - | - | - | 123.01 | 139.36 | 104.66 | 83.00 |