The International Cotton Advisory Committee’s (ICAC) forecasts for the upcoming 2024–25 season caused a minor decline in cotton prices, which looks to have been reversed by short covering. Cotton candy prices are now up 0.13% to 61660. Global cotton output, commerce, consumption, and area are all expected to rise in the next years. The market…
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…
The CCPC, comprising key stakeholders in cotton production, raised export and consumption projections for the current season, while also increasing crop estimates. In Mumbai, the Cotton Advisory Board, formerly CCPC, decreased last season’s production and upped import estimates during a recent meeting. The current season’s production is forecasted at 323.11 lakh bales, contrasting with last…
