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  • Writer's pictureJDO Sourcing & Consulting Limited

Where are we heading? Cotton prices have reached a peak?

Since March 2020, when COVID-19 Pandemic started, that we have been seing a steady increase in Cotton prices. Some thought that this would slow down, or eventually invert, when pandemic reaches an end, but the war between Russia and Ukraine just gave it another boost along with other commodities price increase. Now that central banks are about to start increasing the interest rate for interbank loans, what shall the behaviour of cotton? Will it hit the wall and crash? Or make a steady decrease over the next 2 years? Or none of this? Share your thoughts.

What are your thoughts on the same? #COVID19 #Cottonprices #Cotton #speculation #commodities #interestrate #FED #ECB #textiles

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