Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
December 19, 2025International Journal of Business & Economics (IJBE)

Global Monthly Cotton Price Trends: Insights From Arima Time-Series Forecasting

View Full Paper
Ask AI
Bookmark
Share

Authors

RSRumita Limbu SanwaYNYeong Nain

Discussion

Loading...

Member takes

Overview

Analysis reveals monthly cotton prices forecast to rise, suggesting effective SARIMA forecasting methods.

Key Points

  • This research aims to forecast global cotton prices using time series analysis.
  • Applied Seasonal Autoregressive Integrated Moving Average (SARIMA) model
  • Used FRED database data from January 1990 to January 2025
  • Model selection with auto.arima function based on Akaike and Bayesian Information Criteria
  • Evaluated forecast accuracy using Mean Absolute Error and other metrics
  • Forecast predicts cotton prices to rise from 76.60 cents in February 2025 to 91.66 cents by January 2027
  • Out-of-sample errors were modest, consistent with previous studies
  • Final model fulfilled assumptions of stationarity and normality

Cite This Study

Sanwa et al. (2025) studied this question.

synapsesocial.com/papers/69449a892f0218eca95082d7https://doi.org/10.58885/ijbe.v10i1.104.rls
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Forecasting the Global Price of Corn: Unveiling Insights with SARIMA Modelling Amidst Geopolitical Events and Market Dynamics2024 · 4 citations
  2. 2Market intelligence for cotton in Tamil Nadu2023
  3. 3Forecasting cotton (Gossypium spp.) prices in major Haryana markets: A time series and ARIMA approach2024
  4. 4Evaluating and Comparing Wavelet Decomposition Models for Cotton (Gossypium spp.) Price Prediction in Andhra Pradesh, India2026
  5. 5Predictive Analysis of Cotton and Turmeric Prices: Understanding its Influential Factors on the National Commodities and Derivatives Exchange.2024