Recently, the global cotton market has experienced a sharp surge in prices. Last week, cotton prices reached a 15-year high, driven by a combination of supply constraints and rising demand. The key factor behind this increase is the unprecedented flooding in Pakistan, which has been the worst in 80 years. This disaster has devastated large areas of farmland, leading to significant crop losses, including cotton. As a result, international traders are now forecasting a major reduction in global cotton supplies. Pakistan is not only one of the world’s top five cotton importers but also known for producing some of the finest yarn and textiles globally. With its agricultural sector heavily impacted, the country is expected to ramp up its cotton imports in the coming months, further intensifying global demand. This dual pressure on supply and demand has created a perfect storm for cotton prices. At the New York ICE (International Commodity Exchange), cotton futures for October closed at 90.1 cents per pound last week, marking a 3.5% weekly rise. Analysts from Morgan Stanley have noted that the upward trend is likely to continue, citing ongoing supply-side challenges and strong demand from key markets. Investors are closely watching the situation, as the cotton market remains highly sensitive to weather patterns, geopolitical factors, and economic shifts. With no immediate relief in sight for Pakistan's agricultural sector, the outlook for cotton prices remains bullish.