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Cotton Market Overview

Cotton is a staple crop that is widely grown and traded globally. As of the latest data available, the global cotton market was valued at approximately $35 billion.

Cotton is primarily produced in countries with warm climates such as China, India, and the United States.
China accounts for over 30% of global cotton production, followed by the United States.
The majority of cotton cultivated is used to produce clothing and textiles.

Cotton Prices

Cotton prices fluctuate based on supply and demand. As of the latest data available, the average price of U.S.-grown cotton was around $1.20 per pound as of February 2023.

Price ($/lb)	Date	Source
$1.25-$1.50	February 2023	USA Attorney Guide
$0.80-$1.00	January 2023	Twitter

Cotton Trade Routes

Cotton is transported through various routes, including the New York to Los Angeles route and the Rotterdam to New York route. These routes are operated by multiple companies and involve the transportation of cotton from farms in one region to warehouses in another.

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