Amid worries about decreasing output, cotton candy prices yesterday settled up by 0.17% at 59180. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%. According to figures provided by the Cotton Corporation of India, cotton arrivals for the current season, which began in…
Yesterday, cotton candy declined -0.54% to close at 59380 as concerns about the economy of the natural fiber’s largest consumer, China, cast a shadow over expectations for demand. The next season (October 2023–September 2024) will likely see a 3% reduction in global cotton production, but consumption may remain unchanged, and ending inventories may be lower….
Cotton candy yesterday decreased -0.23% to settle at 59840 as economic worries over the natural fiber’s major consumer, China, cast a shadow over demand projections. The next season (October 2023–September 2024) will likely see a 3% reduction in global cotton production, but consumption may remain unchanged, and ending inventories may be lower. The Cotton Association…
When compared to the current season (October 2023–September 2024), global cotton production is expected to decline by 3%, while consumption may remain flat and ending inventories may be lower. Cotton candy closed yesterday at 59980, up 0.1%. Concerns about a slowdown in China, the world’s biggest buyer, limit upside potential. According to the Cotton Association…
A downturn in China, the world’s top consumer, caused cotton candy to yesterday decline by 1.45% to 59920. The Cotton Association of India (CAI) kept the 311.18 lakh bale prediction for the cotton crop production for the 2022–23 season. The overall amount of cotton produced during the most recent cotton season was 307.05 lakh bales,…
Cotton Association of India (CAI) kept its prediction for the cotton crop production for the 2022–2023 season at 311.18 lakh bales, causing Cottoncandy to close yesterday’s trading session up 0.07% at 60800. According to a CAI statement, 307.05 lakh bales of cotton were produced overall during the most recent cotton season. The CAI has assessed…
The price of cotton candy yesterday increased by 0.37% to 60440 as Punjab registered arrivals that were approximately one-third of the previous year, 2021–2022. 8.7 lakh quintals of cotton have arrived in Punjab so far this year for the 2022–23 marketing season, compared to 28.89 lakh quintals for the entire 2021–22 marketing season. According to…
As Punjabi farmers are expected to reduce the acreage during the kharif planting season, the area under cotton in North India is unlikely to increase from levels seen last year. Farmers in Rajasthan and Haryana, however, are likely to plant more land in the natural fiber crop as a result of early April’s unexpected rains….
Cotton prices yesterday decreased by -0.59% to 57500 as farmers who had been hanging onto their crop in anticipation of a return to record-high prices from the previous year have begun to sell their harvest. From the historical average of 20,000 bales per day in May, the daily arrival of cotton in the markets has…
Due to growers starting to deliver the goods they had been holding back for a few months to the agricultural produce marketing committee (APMC) yards, cotton prices have dropped by over 9% in the last two weeks. “Farmers in a number of States have altered their minds and are eager to sell their stockpiled kapas…
