Cotton price during COVID-19 in China 2020-2022

Published by C. Textor, Mar 16, 2023
Between 2020 and 2022, the average price for Chinese 3128B cotton (BCI) increased from 2.109 U.S. dollars per kilogram to 3.164 U.S. dollars per kilogram. During this time, producer prices around the globe increased considerably, while consumer price inflation in China stayed at 2.4 percent or below. At the same time, the price for Indian Shankar-6 cotton (BCI) increased by 110 percent from 1.424 U.S. dollars per kilogram in 2020 to 2.998 U.S. dollars per kilogram in 2022, narrowing the price gap to Chinese 3128B cotton to only 0.167 U.S. dollars.

Average price of 3128B cotton (BCI) in China during COVID-19 between 2020 and 2022

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Release date

March 2023

Region

China

Survey time period

2020 to 2022

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