December 2021 Market Summary
International cotton prices resumed their upward trajectory in December, marking the sixth month out of the past seven during which asking rates advanced. The Cotlook A Index registered its low point for the period on December 3 (116 cents per lb), before ending the month over 11 cents higher, at 127.20. In 2021, the A Index began at its lowest level for the calendar year, of 84.75 US cents per lb, and crossed the dollar mark – a rare occurrence ……….read full article.
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