The price of the pound of cotton reached 1.16 dollars at the beginning of October, after having fluctuated for several months between 0.75 and 0.90 dollars. He had not risen to this level since the summer of 2011.

The boom in cotton is caused on the one hand by the rise in world demand since the recovery of the economy, by that of production costs following a lack of personnel during the health crisis, by that of the prices of energy and logistical bottlenecks. And on the other hand, to classic elements influencing its price, such as the weather, politics or speculation. Speculative investors, who reverse their short positions, contribute to the rise in cotton prices. The price curve is very steep, the market is backward – long-dated contracts are cheaper than immediate delivery.