Cotton Prices

Cotton prices averaged USD 78.56 cents per pound in July, up 6.1% from June. On 31 July, the commodity traded at USD 80.50 cents per pound, up 11.5% from 30 June.

In July, cotton prices rebounded from June’s drop, remaining above both its year-to-date average and 2025’s level. Renewed conflict between the U.S. and Iran likely fueled the increase due to the rising risk of higher-for-longer energy prices—crude oil is a key input in the production of cotton-substituting synthetic fibers.