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Global Cotton Prices to Soften on Tepid Demand, China Drawdowns

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

With global consumption expected to climb and production dipping, the International Cotton Advisory Committee (ICAC) has lowered its 2018-19 price forecast for cotton to 86.45 cents per pound, down from 89 cents in December. The forecast, which has a price range from a low of 75.60 cents to a high of 100.21 cents, is based…

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