![A decrease in unsold inventory helps cotton gain amid an increase in overseas prices](https://market-tracker.in/wp-content/uploads/2022/12/cotton-plant-information-1-1.jpg)
A decrease in unsold inventory helps cotton gain amid an increase in overseas prices
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…