Global cotton prices exhibited minimal fluctuations over the past month, remaining relatively stable across key markets, according to Cotton Incorporated.
The near-term July NY/ICE futures contract fluctuated within a range of 65 to 70 cents per pound, while the December contract moved between 67 and 71 cents per pound. The A Index maintained its position between 77 and 81 cents per pound.
China’s CC Index (3128B) held steady at approximately 89 cents per pound, with domestic prices around 14,200 RMB per ton. This stability coincided with a strengthening RMB, appreciating from 7.34 to 7.24 RMB per USD, as highlighted in Cotton Incorporated’s Monthly Economic Letter – Cotton Market Fundamentals & Price Outlook for May 2025.
In India, spot prices for Shankar-6 cotton saw a modest increase, climbing from just under 80 to 82 cents per pound. In local currency terms, prices rose from ₹53,900 to ₹54,600 per candy, while the INR remained stable at around 85 per USD.
Similarly, Pakistani spot prices remained steady at approximately 72 cents per pound, equating to around 16,700 PKR per maund. The PKR value also remained consistent, trading at 280 per USD.
