Dr. O.A. Cleveland says online sales and the coronavirus have created a growing, long-term demand for cotton apparel and other items that could remain strong for the next several years.
Cotton’s current 92-95 cent trading range will likely contain most of the trades in the coming two weeks as the market looks for direction from the supply side of the price equation.
Dr. O.A. Cleveland says prospects for higher U.S. cotton production are holding prices in the mid-90s for now. But dollar cotton is still within reach.
