Monthly Economic Letter
May 2022

RECENT PRICE MOVEMENT Most benchmark prices increased over the past month.  Chinese prices decreased. The July NY/ICE futures increased from 130 cents/lb to 145 cents/lb. The December NY/ICE futures contract,…

Monthly Economic Letter
April 2022

RECENT PRICE MOVEMENT Most benchmark prices increased over the past month. Open interest is shifting out of the May NY/ICE futures contract and into July. Prices for both futures surged…

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
February 2022

RECENT PRICE MOVEMENT All benchmark prices increased over the past month. The Nearby March NY/ICE futures contract increased from 115 to 127 cents/lb. Open interest has been migrating out of…

Monthly Economic Letter
January 2022

RECENT PRICE MOVEMENT All benchmark prices increased over the past month. The March NY/ICE futures fell as low as 104 cents/lb in early December. After trading sideways in the first…

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
September 2021

RECENT PRICE MOVEMENT U.S and Chinese benchmark prices increased in early August but were flat to lower later in the month and through early September. Values for the December NY/ICE…

Monthly Economic Letter
August 2021

RECENT PRICE MOVEMENT Most benchmark prices increased last month. Values for the December NY/ICE futures contract held between 88 and 90 cents/lb for much of July. In early August, futures…

Monthly Economic Letter
July 2021

RECENT PRICE MOVEMENT Although several prices slipped around the middle of June, most benchmarks are slightly higher than their levels one month ago. Values for the December NY/ICE futures contract…

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…