Cotton prices expected to hit five-year high in 2018/2019 season

04.04.2018

Cotton prices may edge up to their highest in five years next season, according to International Cotton Advisory Committee forecast cutting inventories to the lowest since 2011-2012.

The intergovernmental group, in its first forecast for cotton prices in 2018-19, which starts in August, saw them averaging 84 cents a pound, as...