Global cotton prices fell in October, driven by declines in key benchmarks.
According to Cotton Incorporated, cotton prices in key benchmarks declined last month, reflecting weak global demand and stable currency fluctuations.
The December NY/ICE contract fell below a key support level around 66 cents per pound, reaching a new contract-life low below 65 cents before recovering slightly above that level in recent sessions.
The A index also declined slightly from 78 to 76 cents per pound. In China, the CC index (3128B) fell to 98 cents per pound internationally, or approximately 94 cents per pound domestically, and from 15,250 to 14,750 RMB per tonne, while the RMB remained stable at around 7.12 RMB/USD, according to Cotton Incorporated's Monthly Economic Letter - Cotton Market Fundamentals and Price Outlook for October 2025.
In India, Shankar-6 cotton prices remained stable at 78 cents per pound or around ₹55,000 per candy, supported by a stable rupee at ₹88 per USD.
Meanwhile, Pakistani spot prices remained stable at around 68 cents per pound or 15,600 PKR per maund, while PKR remained stable at around 281 PKR/USD.
The overall decline in global benchmarks indicates sluggish demand and seasonal market softness as the 2025 crop season progresses.
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