Cotton prices averaged USD 63.19 cents per pound in November, down 2.1% from October. On 28 November, the commodity traded at USD 62.91 cents per pound, down 4.0% from 31 October.
In November, cotton prices fell the quickest since January while staying at their lowest level since 2020. The fall reflected weak textiles demand and cautious buying in major consuming regions. Also, the U.S. Department of Agriculture raised its 2025/26 global production forecasts and now sees supply notably outstripping demand.
This chart displays Cotton (US¢/lb) from 2023 to 2025.
Cotton ICE (prices in US¢/lb, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cotton ICE | - | - | - | 81.18 | 89.48 | 77.82 | 69.41 | 70.47 | 66.62 | 66.00 | 65.77 | - |