Cotlook Monthly

International cotton prices declined sharply in September. The Cotlook A Index fell by almost 12 cents overall, ending the month at its lowest level since late July… Prices on China’s ZCE platform also lost substantial ground. Almost 410,000 tonnes of cotton were sold at the State Reserve auctions in total, which concluded on September 29… Elsewhere, mill demand picked up considerably as prices fell… Crop conditions remained poor in the US, where harvesting expanded across the belt… Picking was completed in Brazil… Our forecasts of production and consumption indicated a smaller reduction of global ending stocks in 2026/27………………read full article.