Cotton prices went down on speculation that that China, the world’s largest fibre user, will curb purchases from the U.S., the top exporter. Textile mills and cotton enterprises were apparently more enthusiastic in the auction and the sales rate increased greatly during the period. According to the experts, the cotton price in the second half of the year will depend on cotton output. Prices were declining in India and Pakistan as well during the first half of this last fortnight. Cotton prices stayed relatively stable during the second half of this last fortnight in New York, amid strong volatility.