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Cotton futures climbed to their highest level in more than a decade on the 21st due to prolonged drought conditions in parts of the central United States. Cotton reportedly hit $1.3171 a pound in the main U.S. futures contract, its highest level sinc…
Cottonfutures are at their highest level in about a decade The mostactive cotton futures on the Intercontinental Exchange closed up 3.8 percent at$1.09 a pound on Tuesday, keeping prices at their highest level since September2011. Gold is up 22% over…
India cotton production in 2021-22 isexpected to fall 1% yoy to 28.34 million bales (up 2% previously) due toinsufficient rainfall during the main planting period in July and August. As of mid-September, rainfall in Gujaratwas nearly 30 percent below…
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