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Global Cotton Prices to Soften on Tepid Demand, China Drawdowns

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

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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