
Cotton No. 2 Futures
70.35USX / LBRD
−0.20−0.28%
At close at Apr 3, 10:39 GMT
USX / LBR
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Cotton No. 2 Futures forum

CT1! cotton is ignored by funds and people don't expect any turnaround in the near future may 2025/2026.
With an increase in inflation and water scarcity alone the 2023 bottom should be at least $96.36. When this is combined with fertilizer shortages and supply line restraints, the 2023 market price may likely head much higher than $96.36; perhaps near $106.66 for the peak at some point in 2023. Then it will likely return to around $96.36 on average.