ICAC projects global cotton ending stocks for 2024–25 to decline 3.8 per cent to 15.37 million tonnes, the lowest since 2011–12, driven mainly by China’s 9 per cent fall in reserves.
China’s import demand plunged 65 per cent as it relied on stocks, while outside China, inventories rose 2 per cent.
ICAC forecasts 2025–26 cotton prices at 63–97 cents per pound, with a midpoint of 77.6 cents.
China’s import demand plunged 65 per cent as it relied on stocks, while outside China, inventories rose 2 per cent.
ICAC forecasts 2025–26 cotton prices at 63–97 cents per pound, with a midpoint of 77.6 cents.
