14 Apr '25
INSIGHTS
Global cotton prices remained stable or slightly lower over the past month.
NY/ICE futures dipped after US tariff news but rebounded, with May–July contracts recovering to 66–67 cents/lb.
The A Index stayed near 78 cents/lb.
China's CC Index dropped to 89 cents/lb, while Indian and Pakistani prices saw minor fluctuations.
Exchange rates remained largely stable across India, Pakistan and China.
(Fibre2Fashion News Desk (KD): Global cotton benchmarks remained largely flat or slightly lower over the past month, with NY/ICE futures seeing limited declines after US tariff-related announcements on April 2, 2025, according to Cotton Incorporated. Old crop contracts briefly dipped to 63–64 cents/lb—matching early March lows—before rebounding to 66–67 cents/lb. December contracts dropped to 66 cents/lb before recovering to 69 cents/lb.
The A Index hovered near 78 cents/lb, showing minor movement between 75–80 cents/lb, Cotton Incorporated said in its Monthly Economic Letter - Cotton Market Fundamentals & Price Outlook, April 2025. China's CC Index (3128B) declined from 93 to 89 cents/lb, as the yuan weakened slightly to 7.35 RMB/USD. In India, Shankar-6 prices ranged from 77 to 81 cents/lb, with the INR stable around ₹86 per USD. Pakistan’s cotton eased from 75 to 73 cents/lb, with domestic values falling to 16,800 PKR/maund amid steady forex rates. (Source: Fibre2Fashion.com)