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 November 2023

RECENT PRICE MOVEMENT Most cotton benchmarks decreased over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured a +855,000 bale increase to world cotton production (to 113.5…

Monthly Economic Letter October 2023

RECENT PRICE MOVEMENT Cotton benchmarks were flat or lower over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured a small increase to 2023/24 world production (from…

Monthly Economic Letter September 2023

RECENT PRICE MOVEMENT Cotton benchmarks moved higher and then lower over the past month.  Current values for most prices are near those posted one month ago. SUPPLY, DEMAND, & TRADE…

Monthly Economic Letter
March 2022

RECENT PRICE MOVEMENT Most benchmark prices decreased over the past month. The most actively traded May 2021 NY/ICE futures contract decreased from 124 to 118 cents/lb over the past month.…

Monthly Economic Letter
October 2021

RECENT PRICE MOVEMENT 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. Prices…

Monthly Economic Letter
June 2021

RECENT PRICE MOVEMENT Indian and Pakistani prices increased over the past month, while NY/ICE futures, the A Index, and Chinese cotton prices fell and rebounded. After sliding from 87 to…

Monthly Economic Letter
May 2021

The latest USDA report featured minor changes to global production (+66,000 bales to 113.1 million) and mill-use (-439,000 bales to 117.4 million) figures for 2020/21. Changes to estimates for earlier…

Monthly Economic Letter
April 2021

The latest USDA report featured a small decrease in global production (-276,000 bales to 113.0 million) and a small increase in global mill-use (+387,000 bales to 117.8 million). An upward…