by yuda
in Industry News
Cotton Prices to Pick Up 5% in 2022 on Rising Demand and Limited Crops in India and U.S.
In 2022, cotton prices are expected to gain 5% y/y, as last year’s ending stocks are rapidly reduced amid strong global demand outpacing available supply. Last year, the average cotton price soared by 41% y/y to $2.23 per kg.
