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Textiles
Cotton
35Cotton ICE NY US - C/lbs
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
50
60
70
80
90
COTN - Cotton #2 ICE NY US(DH-3)
The average price of US cotton rose by 0.4% m-o-m and 47.9% y-o-y to Usc 85/lbs in May 2021. Buoyant global
demand and strong US cotton exports supported firm cotton prices. However, rainfall in Texas (the largest US
cotton growing state) capped any major upward movements.
The average price of Indian cotton stayed firm at INR 1,30,838/MT, up 2.4% m-o-m and 32.6% y-o-y underpinned
by low cotton stocks in the country. Also, strong mill demand led to firm global cotton prices, which added upward
pressure to Indian cotton prices.
Cotton Shankar 6 spot IN - INR/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
80,000
90,000
100,000
110,000
120,000
130,000
140,000
QW14 - Cotton Shankar 6 spot IN