empty
 
 

13.04.202615:27:24UTC+00Cotton Futures at 2024-Highs

Cotton futures climbed to about 75.5 cents per pound, their highest level since May 2024, supported by rising oil prices, which increase polyester production costs and enhance cotton’s competitiveness as an alternative fiber. Ongoing drought concerns in key US growing areas, particularly across the western and southwestern Great Plains, further bolstered prices.

In its April WASDE report, the USDA raised its global cotton production forecast for 2025–26 by 900,000 bales, reflecting higher expected output in China, India, and Pakistan, and also increased its projection for global consumption by 560,000 bales. The US supply and demand outlook remained unchanged.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback