Cotton prices increased in the past month on a weaker supply outlook and expectations of stronger demand. In August, cotton prices averaged USD 86.3 cents per metric ton, up 2.6% from July’s price but 23.3% lower year on year. Meanwhile, on 31 August, cotton traded at USD 88.1 cents per pound, 3.1% higher month on month.
Cotton ICE (prices in US¢/lb, aop)
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