Home Facts trade

Cotton price can not expected to increase

Cotton price can not expected to increase

Write: Jinesh [2011-05-20]
On October.13, the quote of US cotton, Australia cotton, Brazil cotton and Mexico cotton is increased by 0.30-0.50 while the one of other category is unchangeable. USDA report proved that even after market mentality calms, cotton consumption especially US cotton export still can attract most attention of market. On the other hand, in short period, little possibility for international market being active reality can be seen, so international price still will be on pressure.