Global cotton markets saw slight declines and stabilisation in recent weeks, with NY/ICE December futures trading between 67–75 cents/lb since June, now at 71 cents/lb.
The global A Index dipped from 85 to 83 cents, while China’s index dropped from 101 to 97 cents due to a weaker yuan.
Indian and Pakistani spot prices also declined, but both rupees remained stable against the dollar.