TOKYO -- Cotton prices have soared to their highest levels since May 2011 as concerns grow over a possible export ban by top exporter India and a severe drought hitting U.S. yields.
Drought in U.S. threatens yields even as demand recovers

A slump in cotton production has spurred top exporter India to suspend import duties and consider an export ban. © Reuters
TOKYO -- Cotton prices have soared to their highest levels since May 2011 as concerns grow over a possible export ban by top exporter India and a severe drought hitting U.S. yields.