From Yahoo Finance: 2025-04-16 12:04:00

Cotton benchmarks remained stable or slightly lower over the past month, with NY/ICE futures dropping following tariff announcements but recovering to early March levels. The A Index stayed around 78 cents/lb, and the Chinese Cotton Index decreased to 89 cents/lb. Indian spot prices traded between 77-81 cents/lb.

The latest USDA report showed minor changes in forecasts, with world production lowered to 120.9 million bales and mill-use forecasted at 116 million. China saw a production increase, while India and Pakistan experienced price decreases. Trade forecasts were also adjusted, with China, Indonesia, and Turkey showing notable changes.

Recent U.S. trade policy announcements led to significant financial market volatility, with tariff increases implemented on April 2 and 9. China faced additional rate hikes, causing a 125-point increase in duty rates on Chinese goods. Despite this, NY/ICE cotton prices remained stable amidst the trade dispute uncertainty.

Senior economist Jon Devine at Cotton Incorporated provides timely market analyses to textile and investment stakeholders. The rapid policy changes and uncertainty around global recession potential may impact cotton prices. For more economic information on the cotton market, visit Cotton Incorporated’s Lifestyle Monitor for detailed insights.



Read more at Yahoo Finance: Monthly Cotton Economic Newsletter: April 2025