December 26, 2024
Home Posts tagged Global Cotton Consumption
Cotton

Year-End Cotton Prices Rise, But Hurdles Remain In 2024

The New Year is threatening to open a door to higher prices for cotton. The final week of the year saw higher prices each day – a very unusual trading pattern, and “unusual” can typically be associated with bullish news.   The daily price increases were small but nevertheless higher each day. However, small is […]
Cotton

Version 3.1 Of Better Cotton Claims Framework Launched

Better cotton has announced an update to the better cotton claims framework – the set of guidelines which establishes guidance and rules to ensure that members can make claims about their commitments to better cotton in a credible and positive way. The update, version 3.1, simplifies the document for improved usability, including a quick reference […]
Special Report

USDA: 2023/24 Global Cotton Use Forecast At 3-Year High

Global cotton consumption is forecasted at 116.2 million bales, up more than 6.6 million from the previous year. Greater cotton supplies, lower producer price inflation, low global cotton yarn stocks, and greater margins for spinners are expected to boost future use. Consumption is forecast at the second highest level in 5 years and implies an […]