Most global cotton benchmarks stable over the past month

Around late November, the NY/ICE March contract tested levels near 65 cents per pound but later retreated, settling closer to 63 cents per pound.

The A Index remained range-bound but drifted lower within that band, easing from around 76 cents per pound to about 74 cents per pound over the month. Chinese prices were comparatively firmer. The Chinese Cotton Index (CC Index 3128B) edged up from roughly 94 cents per pound to 96 cents per pound in international terms. In domestic markets, prices mostly ranged between 14,750 and 15,000 RMB per ton, supported by a mild appreciation of the RMB against the dollar, as per Cotton Inc’s Monthly Economic Letter - Cotton Market Fundamentals & Price Outlook - December 2025.

In South Asia, price trends were steady. Indian spot prices for Shankar-6 quality cotton held near 74 cents per pound, or around ₹52,000 per candy, while the rupee traded close to ₹89 per dollar. Pakistani spot prices were also stable at about 66 cents per pound, equivalent to roughly 15,300 PKR per maund, with the PKR holding near 281 per dollar.

ALCHEMPro News Desk (KD)