Procurement Resource

  In the first half of 2023, the cotton price trend in Asia-Pacific experienced fluctuations but showed an overall increase, driven by strong demand domestically and internationally. India's cotton production was adversely affected by weather challenges and other issues, leading to inventory depletion and price hikes. Some traders stockpiled cotton, further inflating prices. In the second quarter, declining consumer demand due to persistently high costs prompted traders to lower prices, supporting exports as international markets increased inquiries, benefiting from stabilized cotton prices. Request for Real-Time Cotton Prices:  https://www.procurementresource.com/resource-center/cotton-price-trends/pricerequest Definition Cotton is a natural fiber derived from the seed-hair of the cotton plant (Gossypium species). It is valued for its softness, breathability, and absorbency, making it a popular material for textiles and clothing production. Cotton fibers are composed mainly o...