Cotlook Monthly

ICE futures witnessed a downward trend during March… Mill demand nonetheless remained sporadic and of a hand-to-mouth nature, although basis levels for non-US growths were eroded to more attractive levels for buyers… Import buying from China continued to be slow in view of abundant local supplies… Early planting began in many Northern Hemisphere producing countries… Crops in the Southern Hemisphere progressed well overall… Cotton Outlook increased its production and consumption figures for both 2023/24 and 2024/25…..…..read full article.