ICAC’s paper describing movements in cotton prices at Seminar (USA)

The International Cotton Advisory Committee, in cooperation with The World Bank, organized a seminar on “Cotton Price Volatility: Transparency of Cotton Supply and Use and Trade Policies", on February 8, 2011 at The World Bank, room MC13-12, 1818 H Street, NW, Washington DC.

Fifty-three people representing embassies, U.S. government agencies, the private sector of the cotton industry, The World Bank, the European Union and the FAO participated.

During our first session of the Seminar, the ICAC Secretariat presented three papers describing the movements in cotton prices this season and the reasons for those movements, comparing volatility in cotton prices to volatility in prices of other commodities, and a paper summarizing the history of government efforts to reduce volatility in cotton and other commodity prices.

There were also presentations by an economist from The World Bank and the President of the American Cotton Shippers Association on commodity and cotton price movements this season.