Analysis of regional cotton prices in Turkey

The Regional Cotton Prices, namely Ege Std-1 and Çukurova Std-1(B) which are represent Aegean and Çukurova regions of Turkey were analysed in this study. Regional Cotton Prices were also compared to Liverpool Cotton A Index prices as a World Cotton price in the 1970-2001 period. Both, Ege Std-1 and Çukurova Std-1(B) Cotton prices have shown increasing trends at current prices but decreasing trends at real prices during 1970-2001 period. Both price series have similar seasonal fluctuations that are above the monthly average in May, June, July and August. Liverpool Cotton a Index prices have positive slope trend line in the 1970- 2001 period and have slightly seasonal fluctuations. It can be said that world cotton prices are more stable than cotton prices in Turkey. Since 1998, real cotton prices in both Turkey and world have being gone to decline in terms of cyclical fluctuations policy related to price and agricultural income stabilisation have key role on improvement of cotton farming in Turkey. Key Words: Cotton, Cotton Prices, Price Analysis II