Cotton market information resource Cotlook has said in its market report for September that international cotton prices “reversed direction in dramatic fashion” during the month.

It said that, influenced by macro-economic headwinds and a weak demand situation, prices declined by more than 20% from the end of August to the end of September. “Demand destruction [is] emerging across the globe as a result of macro-economic factors,” Cotlook said.

Share this story: