Cotton Lint Price Trend

Cotton Lint Prices (Q1 2022)

Asia

On March 9, the average price of China's cotton index 3128B was 22,727 RMB/MT, up 23 RMB/MT from the previous day. On the 21st, the domestic cotton price index 3128B averaged 22,783 RMB/MT, down 39 RMB/MT from the previous weekend. Downstream textile firms were working regularly, and there was some need for warehouse replenishment. Recently, Zheng cotton prices have corrected sharply, and yarn manufacturers have boosted their queries.

North America

At the end of January, the spot price of cotton traded on the ICE Exchange was at roughly 1.30 USD/lb. As of March 4, the  price was 1.20 USD/lb. Exports from the United States were expected at 13.8 million bales for the 2021 marketing year, which is 950,000 bales less than the USDA's February 2022 projection. While export sales from the United States have been quite high in the 2021 marketing year, weekly shipments lagged significantly below the five-year average, along with the interruptions and delays caused by transportation concerns.

Latin America

Cotton prices continued to rise in Brazil in March as sellers maintained their bids, largely in response to the strong gains in future contracts at ICE futures. The CEPEA/ESALQ Index finished at 7.2585 BRL/lb on March 31, marking a new high for the CEPEA series, which began in 1996. In March, several processors were working with cotton that had been stockpiled and/or receiving merchandise previously acquired due to the month's pricing levels.

Cotton Lint Prices (Q4 2021)

Asia

In November, the Cotton Association of India predicted that the cotton exports in the country will drop by 38%. Prices increased by 45% in the region as demand outstripped the supply. However, production was likely to rebound as consumer demand rebounded to pre-pandemic levels with the festive season near the corner as the country recovered from the coronavirus pandemic followed by a massive vaccination drive.

North America

In New York, cotton futures increased by 3.3% in October and approached peak prices. The prices jumped to 2.59 USD/kg in October 2021. The US crop in Texas was affected adversely by the droughts and the exports dropped twofold in the previous month of September. The US is a major exporter of the commodity and accounts for 41% of the global cotton lint exports. However due to a poor crop turnout as a result of unfavorable weather conditions, the exports slumped which caused global deficits and increased its prices.

Latin America

The prices in Brazil continued to rise till November consecutively for 5 months, rising by 5.25% to 6.26 BRL/lb. The export values increased as farmers tried to keep up with the local and overseas demand.

Cotton Lint Prices (Q1-Q3 2021)

Asia

Cotton supplies in India were low as compared to the demand which contributed to the rise in its prices globally. The prices witnessed 10-year highs in 2021 as a result of a global supply deficit.

Europe

Cotton prices in Europe had been increasing since the beginning of the year 2021 with the prices crossing the 1USD/lb mark. The prices increased as a result of rise in demand from the apparel industry which was rapidly recovering as the economy reopened following massive vaccination drives. Rise in shipping prices were also a factor in the surge in its prices.

North America

In New York, cotton delivery gained 1.15 USD/lb in March 2021. The crop harvest was affected by rains in the regions of Florida, Georgia and Alabama which affected the quality. The demand had been rising in US in both regional and international markets for exports which drove up the prices as stockpiles tightened in the region.

Latin America

In June 2021, the cotton market in Brazil stayed strong and prices remained firm as domestic demand boomed in the region. The prices were 23% higher than the export parity which meant that domestic market was more profitable than the export market. The cotton index reported a price of 4.9 BRL/lb. in June 2021.

Cotton Lint Prices Overview 2020

Asia

In November 2020, the cotton prices in India increased from 66 cents/lb to 69 cents/lb or 37,900 INR/candy to 40,200 INR/candy. The value of rupee had dropped against the US dollar causing inflation in the region. In China, the cotton index rose from 12,900 RMB/MT to 14,500 RMB/MT. China witnessed high price rise in the commodity’s market, as weather conditions posed challenges to the domestic crops which dwindled the availability in Chinese mills.

Europe

In Europe, the textile industry was heavily impacted by the coronavirus pandemic as demand for textiles dropped amid lockdowns. The unprecedented disruptions in the trade activities along with economic crisis, loss of employments, drop in demand from major consumers like China were the major contributors to the damage to textile industry. Major producing countries like Italy, Germany and France observed a decline in exports as well as local demand in 2020.

North America

The US market was impacted by the coronavirus in the beginning of the year 2020. The New York cotton futures dipped to 53.6 cents/lb in March 2020, the lowest since 2009. The decrease in prices supported the halt in production. The prices were also affected by the trade disputes with China which affected the demand.   By November 2020, the US crop suffered due to the hurricanes which impacted the fiber quality in the region.

Latin America

In Brazil, the cotton market profitability improved by the third quarter of 2020. In the beginning of the year, its futures had been traded at 69 cents/lb but they dropped later on following the pandemic which impacted the industry and caused the prices to go down by 20 cents/lb by April end to 49 cents/lb. However, the prices recovered by October 2020, rising to 70 cents/lb.

Procurement Resource Database

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Procurement Resource provides latest prices of Cotton Lint. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description

Procurement Resource provides prices of Cotton Lint for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Cotton Lint

Cotton, a soft, fluffy staple fibre, is one of the most significant crops grown for commercial purpose across the world. Cotton Lint is one of the three primary products obtained via cotton production. It is the raw fibre which is pressed into bales at the cotton gin after extracting it from the plant. Around 100 kg seed cotton can produce 35 to 42 kg of cotton lint, which is widely utilised in textile industry.

Industrial Uses

  • Clothing
  • Shoe strings
  • Pillowcases
  • Denim
  • Towels
  • Dollar bills
  • Others

Production Processes

  • Production of Cotton Lint via Ginning

Cotton Lint is produced through the ginning and pressing of raw cotton. In this process, extraneous materials like leaves, seeds, various organic materials, etc. are separated from cotton to produce Cotton Lint, which is then sold to spinning mills to make different yarn types.

Supplier Database

  • Balaji Cotton Linter
  • Anant Agro Industries
  • Grafax Holdings Pvt. Ltd.
  • G & P Cotton Ginners S.A. 
  • Cherokee Fabrication Company, Inc. 
  • Toyota Industries Corporation

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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