| The analytic team of Commerzbank anticipates 95 cents per pound in Q1 2012. They expect cotton prices to grow up to 105 cents per pound in Q2. It should be noted that in 2011 cotton depreciated by 37%. However, in December, China managed to initiate a slight rally in the market of cotton by showing higher demand for its.
The experts of Rabobank have another opinion. They assume that cotton won’t appreciate due to overproduction. By the end of Q1 2012 the price will decline down to 85 cents per pound. In Q3 it will go 5 cents down, thus making 80 cents per pound. The expert team of Morgan Stanley suggests that the average price on cotton will be equal to $1 per pound this year while next year it will decline down to 80 cents per pound...............................................Full Article: Source
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