​We have been producing cotton yarn, polyester yarn, viscose spun yarn, TC/CVC/TR and other blended yarns for more than 11 years.

Why Is This Happening?

More Supply

• Big cotton - growing countries like the US and Brazil have produced a lot this year. Good weather and new farming methods mean more cotton.

• There's also a lot of cotton stored up because we're making more than people are buying right now.

Less Demand

• The textile industry, which uses a lot of cotton, isn't doing great. People aren't buying as many clothes, especially in rich countries. In emerging economies, factories are struggling with higher costs and fewer orders.

• Synthetic fibers, like polyester, are getting more popular. They're often cheaper, so many clothing makers are using them instead of cotton.

Other Factors

• A stronger US dollar makes cotton more expensive for other countries to buy.

• Trade problems between big countries, with tariffs and restrictions, are also hurting cotton sales.

What Does This Mean?

For Farmers

They're making less money. Some might stop growing cotton or can't invest in better equipment.

For Clothing Makers

It's good for now because cotton is cheaper, so they save money. But later, if farmers grow less cotton, there might be shortages.

For Investors

Those who bet on higher prices are losing money. But some who bet on lower prices are making gains.

What's Next?

It's hard to say. Bad weather could reduce cotton supply and push prices up. If the global economy gets better, people might buy more cotton clothes. Governments might also step in to help the cotton industry.

In short, many things are causing cotton futures to drop, and it affects many people. Keeping an eye on these factors will help us make better decisions.