Cotton spices expected to rise in short-term

Kristen Frost
Updated July 4 2022 - 11:23pm, first published March 18 2022 - 11:00am
FLUCTUATIONS: Although demand for cotton is expected to grow, an easing of supply chain bottlenecks will result in lower international cotton prices in 2022-23 averaging US98c/pound.
FLUCTUATIONS: Although demand for cotton is expected to grow, an easing of supply chain bottlenecks will result in lower international cotton prices in 2022-23 averaging US98c/pound.

The gross value of cotton production is forecast to increase by 157 per cent to $4.3 billion by the end of the 2022 fiscal year.

Kristen Frost

Kristen Frost

National Sheep and Wool Writer

Get the latest ACT news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.