Cotton Price, Top Import And Export Countries International Market - Agriculture - Nairaland
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| Cotton Price, Top Import And Export Countries International Market by Agroexport101(m): 2:24pm On Sep 10, 2021 |
https://www.youtube.com/watch?v=2i5vY_CtOAY cotton supported a 3 trillion dollars global fashion industry, which includes clothes with unique designs from reputed brands, with global clothing exports valued at 1.3 trillion dollars in 2019. Global cotton production is projected to register a CAGR of 4.1 percent between 2021 to 2026. Due to COVID -19, the demand for cotton is decreased to 11.0 percent. The most important trading venues for trading in cotton are the New York Board of Trade, New York Cotton Exchange, the Central Japan Commodity Exchange, the Osaka Mercantile Exchange, and the Bolsa der Mercadorias & Futuros. The current international price of cotton is 2.12 dollars per kilogram or 0.06 per ounce. |
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