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High Supply and Low Demand Keep Cotton Prices Under Pressure

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Cotton consumption and trade have fallen in the midst of containment measures taken to control the coronavirus pandemic and all major consuming countries have been impacted by retail losses that have led to decreased orders and the closure of mills, the International Cotton Advisory Committee (ICAC) said in its monthly report. Global consumption for the…

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