Cotton prices, as measured by the Cotlook A index, averaged 78 cents a pound this season, on an August-to-July basis. Abares forecast this price to average 80.4 cents a pound in 2017-18, and gradually rising to 88.0 cents a pound in 2021-22.This also implies that the cotton price is likely to fall in the short-term as the Cotlook A index currently stands at around 87 cents a pound.

The demand for cotton will keep on rising despite favourable returns to growersคำพูดจาก สล็อตเว็บตรง. Global cotton consumption will, after a 7 per cent jump next season, rise by 2.4 per cent a year, spurred by “an expected rise in demand for clothing and textiles in Europe, the US, …