Cotton prices have risen sharply due to supply disruptions caused by adverse weather in key cotton-producing regions. Poor weather conditions, including excessive rainfall and localized flooding in areas of the United States and drought in parts of India, are significantly impacting crop yields. This has led to concerns about the availability of cotton for textile manufacturers worldwide.

Industry analysts predict that the price increase may translate into higher costs for clothing and other cotton-based products. Textile companies are exploring strategies to mitigate the impact, including diversifying their sourcing and exploring alternative materials. The situation is being closely monitored to assess the long-term effects on the global cotton market.