The price of cotton candy saw a decrease of -0.66%, ending at 57620. This was driven by an increase in prices abroad as a result of a reduction in unsold inventory and a depreciating US dollar. For the 2023–2024 season, the world cotton market experienced revisions to its consumption forecasts. India, Indonesia, Pakistan, Uzbekistan, and…
The price of cotton candy experienced a little increase, closing 0.45% higher at 57500, driven by a decline in unsold inventory, a rise in international prices, and a weakening of the U.S. dollar. predictions of consumption for the 2023–2024 season were revised downward on the global cotton market, with a decrease of 1.3 million bales…
Prices for cotton candy showed signs of life, finishing 0.45% higher at 57500 after recently declining due to a predicted decline in global consumption for the 2023–2024 season. The main causes of the decline in consumption are the reduced projections for Turkey, Indonesia, Pakistan, India, and Uzbekistan. In addition, higher beginning stocks, increased output, and…
Cotton candy prices saw pressure from lower global consumption predictions for the 2023–2024 season, but they ended the day up 0.76% at 55,660 thanks to low-level buying. Turkey, Pakistan, India, Indonesia, and Uzbekistan are expected to have lower consumption expectations, which accounts for the predicted drop of 1.3 million bales. Nevertheless, a rise in global…
Low-level purchasing caused cotton prices to slightly rise, settling at 55240 with a 0.25% increase. Nevertheless, given that world consumption is expected to be 1.3 million bales lower in 2023–2024 than in the previous month, global dynamics have put pressure on pricing. Key cotton-producing nations like India, Indonesia, Pakistan, Uzbekistan, and Turkey are anticipated to…
Cotton prices held steady at 55600, indicating market stability, according to the Cotton Association of India (CAI). According to CAI, domestic cotton consumption will remain unchanged at 311 lakh bales for the 2023–24 season. The season’s pressing estimates remain at 294.10 lakh bales. The observations of the CAI are based on information provided by other…
Cotton prices, as indicated by Cotton candy, saw a slight increase of 0.04%, ultimately reaching 56180. The Cotton Association of India (CAI) has not altered its pressing forecast of 294.10 lakh bales weighing 170 kg apiece for the 2023–24 season. Market arrivals, imports, and opening stocks made up the 92.05 lakh bales total supply that…
The price of cotton, depicted as cotton candy, increased slightly by 0.07% to settle at 56420. Based on information from trade sources and state associations that cultivate cotton, the Cotton Association of India (CAI) kept its pressing estimate for the 2023–24 season at 294.10 lakh bales. With market arrivals, imports, and opening stockpiles included, the…
The Cotton Association of India (CAI) maintained its pressing forecast for the 2023–24 season at 294.10 lakh bales weighing 170 kg apiece, which helped lift the cotton prices, which were represented by Cotton candy, to close up 0.75% at 56,120. Atul S. Ganatra, President of c, stated that opening stocks, imports, and market arrivals combined…
Prices for cotton, which are shown above as “Cotton candy,” increased somewhat by 0.11% to settle at 55940. For the current 2023–2024 season, the Cotton Association of India (CAI) updated their cotton production projection to 29.4 million bales. This negative revision was ascribed to farmers uprooting plants and pink bollworm infestation damage in Haryana. In…
