Global price of Cotton

PCOTTINDUSDM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

78.19

Year-over-Year Change

-6.07%

Date Range

1/1/1990 - 6/1/2025

Summary

The Global Price of Cotton tracks the international market price for raw cotton. It is a key indicator for economists and policymakers monitoring global commodity markets and trade.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Global Price of Cotton represents the U.S. dollar price per pound of raw cotton traded on international markets. It is a widely followed economic indicator that reflects supply and demand trends in one of the world's most important agricultural commodities.

Methodology

The data is collected and calculated by the International Cotton Advisory Committee based on daily spot price quotes.

Historical Context

Cotton prices are closely watched by analysts and policymakers for their impact on consumer goods, inflation, and agricultural trade.

Key Facts

  • Cotton is one of the most widely grown and traded agricultural commodities globally.
  • Cotton prices have a significant impact on the cost of textiles, clothing, and other consumer goods.
  • Fluctuations in cotton prices can affect economic growth, inflation, and agricultural trade patterns.

FAQs

Q: What does this economic trend measure?

A: The Global Price of Cotton tracks the international market price for raw, unprocessed cotton traded globally.

Q: Why is this trend relevant for users or analysts?

A: Cotton prices are a key indicator for monitoring global commodity markets, trade flows, and the costs of textiles and consumer goods.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the International Cotton Advisory Committee based on daily spot price quotes.

Q: How is this trend used in economic policy?

A: Cotton prices are closely watched by analysts and policymakers for their impact on consumer goods, inflation, and agricultural trade.

Q: Are there update delays or limitations?

A: The Global Price of Cotton data is updated monthly and may have a short delay compared to real-time market prices.

Related Trends

Citation

U.S. Federal Reserve, Global Price of Cotton (PCOTTINDUSDM), retrieved from FRED.