The A-Index of world cotton prices (the red line) generally parallels ICE cotton futures (the green line) at a premium. China’s internal cotton price (the blue line) is usually higher than world prices, and this has been the case in recent months with the uptrend in Chinese prices. For the week ending December 19, 2024, China’s cotton day-to-day price pattern was steadily eroded, as did the A-Index of world cotton prices and ICE cotton futures.