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US Cotton Prices Hit Three-Year High. Will Global Rates Follow Upward Trend?

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

U.S. spot cotton prices averaged 88.35 cents per pound for the week ended Aug. 12, according to the U.S. Department of Agriculture (USDA). This is the highest weekly average since June 14, 2018, when the average was 90.27 cents. The weekly average was up from 86.31 cents the prior week and from 57.62 cents a…

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