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Fears of a decline in production drove up cotton prices
Concerns about decreased output caused cotton candy to increase 0.27%, closing at 59940. In Gujarat, seeding grew by over 5% to 2,679,299.00 hectares, exceeding the 2,545,105.00 hectares seeded in the previous year. However, India’s total area planted with cotton fell by roughly -1.82% between 2022 and 2023, from 124.82 lakh hectares to 122.56 lakh hectares….