Monthly Economic Letter December 2024

RECENT PRICE MOVEMENT Cotton benchmarks were either rangebound or moved slightly lower over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured increases to global production (+1.2…

Monthly Economic Letter November 2024

RECENT PRICE MOVEMENT Cotton benchmarks either decreased slightly or traded sideways over the past month.• Recent movement in the December NY/ICE futures contract appears to be reinforcing the trading range…

Monthly Economic Letter October 2024

RECENT PRICE MOVEMENT Cotton benchmarks were flat or higher over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured relatively minor changes to global production (+219,000 bales…

Monthly Economic Letter September 2024

RECENT PRICE MOVEMENT Cotton benchmarks were flat or higher over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured decreases to estimates for global production (-1.2 million…

Monthly Economic Letter August 2024

RECENT PRICE MOVEMENT All cotton benchmarks decreased over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured decreases to figures for global production (from 120.2 to 117.6…

Monthly Economic Letter July 2024

RECENT PRICE MOVEMENT Movement in benchmark prices was mixed over the past month. Pakistani spot prices fell from 86 to 80 cents/lb.  In domestic terms, values dropped from 19,700 to…

Monthly Economic Letter June 2024

RECENT PRICE MOVEMENT Most benchmark prices decreased over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured only marginal changes to world production (+91,000 bales to 119.1…

Monthly Economic Letter May 2024

RECENT PRICE MOVEMENT All benchmark prices decreased over the past month.•The July NY/ICE futures contract dropped from 93 to 77 cents/lb between early April and the present.•The December NY/ICE futures…

Monthly Economic Letter April 2024

RECENT PRICE MOVEMENT Cotton benchmarks either decreased or were steady over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured small changes to world production (-33,000 bales…

Monthly Economic Letter March 2024

RECENT PRICE MOVEMENT All cotton benchmarks increased over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured small increases to global production (+131,000 to 113.0 million bales)…