Cotton

$71.94 (cents/lb)
Cotton – Weekly Chart
Cotton – Yearly Chart

About Cotton

  • Australia is the third largest exporter of cotton in the world with exports worth more than $2.1 billion in 2017/18 (Source; DFAT 2018)
  • In 2018/19 2,628, 638 bales were produced over 282,000 hectares.(Source; Cotton Australia website, 2019)
  • In an average year, Australia’s cotton growers produce enough cotton to clothe 500 million people.(Source; CA website, 2019)
  • There are more than 1200 cotton farms in Australia, roughly 66% in NSW and 33% Queensland directly employing 10,000 Australians.(Source; CA website, 2019)
  • The major buyers of Australian cotton are currently China (30 percent), Bangladesh, Vietnam, India, Indonesia, Turkey and Thailand (source: Australian Cotton Shippers Association, 2018)