Cotton Drops As CAI Revises Production Estimates Up To 309.70 Lakh Bales

Cotton candy prices fell by 0.13% to 62000, owing to upward adjustments in production projections by important organizations such as the Cotton Association of India (CAI) and Cotton Corporation of India (CCI). CAI and CCPC upgraded their crop production forecasts for the current season, contributing to enhanced supply projections for natural fiber. Cotton Australia’s increased…

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Cotton Gain as CCI procured 32.81 lakh bales of cotton so far this season

Cotton candy prices rose 0.87% to 62520, boosted by good developments in domestic and worldwide markets. The Cotton Corporation of India (CCI) reported significant cotton procurement, especially from Telangana, Andhra Pradesh, and Maharashtra, indicating strong domestic demand. Furthermore, the Cotton Association of India (CAI) raised its cotton production predictions for the current season, predicting higher…

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Concerns over supply and persistent use are driving rises in cotton

Due to worries about supply and long-term cotton usage, cotton candy prices closed 0.3% higher at 60080. The 2023–2024 U.S. cotton balance sheet showed stable production but decreased ending stocks, increased exports, and decreased mill use. With the export projection increased to 12.3 million bales, ending stockpiles were anticipated to have disappeared by 20%, or…

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Cotton declined as 1.3 million fewer bales were consumed globally in 2023–2024

The price of cotton candy, a vital product for the world’s textile sector, dropped by -0.03% to settle at 57720. Predictions for the 2023–2024 era show lower global consumption of cotton, especially in major cotton-producing countries like India, Indonesia, Pakistan, Uzbekistan, and Turkey. This reduction coincides with significant changes in the global cotton market. Higher…

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Cotton fell since global consumption is expected to be lower in 2023–2024 than it was last month

Prices for cotton candy decreased by -0.17%, ending at 57740, as a result of adjustments to production and consumption estimates for the 2023–2024 season worldwide. There will be a 1.3 million bale drop in global consumption as a result of declines in Turkey, Indonesia, India, Pakistan, and Uzbekistan. This resulted in a 2.0 million bale…

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