Short staple Cotton price December 2024 and outlook (see chart below)
- North America:US$1.75/KG, -0.6% down
- Europe:US$2.95/KG, -0.7% down
- Northeast Asia:US$2.13/KG, -0.9% down
- South America:US$1.56/KG, unchanged
- India:US$2.84/KG, -0.4% down
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Cotton Short staple price index
This post is a summary of the global Cotton short staple price developments. The price developments of global Cotton short staple are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Cotton short staple price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for global Cotton short staple prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of global Cotton short staple prices
- Recent price developments of underlying feedstocks which drive the price of Cotton short staple
- Market futures for both cost drives and feedstocks of global Cotton short staple prices
- Adjustment of current supply/demand imbalances in the Cotton short staple market
- Longer term trends in likely demand conditions
Further information on the Cotton Short staple price index
What is cotton lint
Cotton lint is the soft, downy fiber that surrounds the seeds of the cotton plant. It is used to make a variety of products, including clothing, bedding, towels, and other textiles. Cotton lint is an important agricultural commodity that is grown in many countries around the world, with the majority of production concentrated in developing countries in Asia, Africa, and Latin America.
Cotton lint is harvested from the cotton plant using a variety of methods, including mechanical picking and chemical defoliation. The harvested cotton lint is then processed to remove impurities, such as seeds and leaves, and is then spun into yarn or fabric.
Cotton lint is known for its softness, absorbency, and durability and is often used in the production of high-quality clothing and other textiles. It is also a popular choice for bedding and towels due to its absorbency and ability to wick moisture away from the skin. Cotton lint is an important raw material for the textile industry and is widely used in many different applications.
What types of cotton lint are there
There are several types of cotton lint, including:
Upland cotton
Upland cotton is the most widely grown type of cotton and accounts for about 95% of global cotton production. It is a short-staple cotton that is grown in a variety of climates and is known for its softness, absorbency, and durability.
Pima cotton
Pima cotton is a long-staple cotton that is grown in regions such as the United States, Australia, and Peru. It is known for its softness, strength, and high absorbency and is often used in the production of high-quality clothing and other textiles.
Egyptian cotton
Egyptian cotton is a long-staple cotton that is grown in Egypt and is known for its softness, strength, and high absorbency. It is often used in the production of luxury linens and other high-quality textiles.
Organic cotton
Organic cotton is grown using sustainable farming practices that minimize the use of pesticides and other chemicals. It is a popular choice for environmentally conscious consumers and is often used in the production of clothing, bedding, and other textiles.
Overall, the type of cotton lint used depends on the specific application and the desired properties of the final product. Cotton lint is a versatile material that is widely used in many different industries and is known for its softness, absorbency, and durability.
How big is the global cotton market
The global cotton market is significant, with demand driven by the widespread use of cotton in the textile industry. According to a report by Mordor Intelligence, the global cotton market was valued at approximately USD 37 billion in 2020 and is expected to reach USD 44 billion by 2025, at a compound annual growth rate of 3.3%.
The Asia-Pacific region is the largest market for cotton, followed by Europe and North America. The growth in the Asia-Pacific region is driven by the increasing demand for clothing and other textiles, while the demand in Europe and North America is driven by the retail and fashion sectors.
Overall, the demand for cotton is likely to remain strong in the coming years due to its wide range of uses and the growing demand for clothing and other textiles. However, the cotton market is subject to fluctuations in price and supply due to factors such as weather conditions, disease outbreaks, and economic conditions in cotton-producing countries.
According to https://oec.world/ :
Cotton are the world’s 55th most traded product.
In 2020, the top exporters of Cotton were China ($8.98B), United States ($7.1B), India ($5.9B), Brazil ($3.32B), and Pakistan ($2.79B).
In 2020, the top importers of Cotton were China ($8.5B), Bangladesh ($5.28B), Vietnam ($3.6B), Turkey ($2.49B), and Pakistan ($2.1B).
Further information
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
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