Cotton fell as higher production and ending stocks were predicted by the Wasde report

Cotton candy prices dropped by 0.15% at ₹54,220, driven by the WASDE report, which projected a rise in global cotton production and ending stocks for the 2024/25 crop year. Global cotton production is estimated to increase by over 1.2 million bales, reaching 117.4 million bales, primarily due to higher production in India and Argentina. However,…

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Cotton Benefits From Rising South Indian Prices As Garment Industry Demand Increases

Cotton candy prices have dropped slightly by 0.22% at ₹54,320 due to rising global cotton production projections for the 2024-25 season. Global cotton production is projected to rise by over 1.2 million bales to 117.4 million bales, with India and Argentina being key producers. However, India’s three primary cotton-producing states, Punjab, Haryana, and Rajasthan, have…

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Concerns about global production and profit booking cause cotton candy prices to decline

Cotton candy prices fell by 0.34% to ₹55,360 per candy, driven by profit booking and rising cotton yarn demand in southern India. India’s cotton production for 2024/25 is expected to drop by 7.4% due to reduced acreage and crop damage caused by excessive rainfall and pest infestations. The USDA lowered India’s production estimate to 30.72…

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cotton

Cotton Declined Due to Payment Restrictions and Poor Demand in Yarn Markets

Cotton candy prices declined by 0.52% to ₹55,910. India’s cotton production is forecast to decline by 7.4% to 30.2 million bales for 2024/25, with reduced acreage and high rainfall damaging crops. The USDA slightly overestimated the production figure at 30.72 million bales, but lowered ending stocks to 12.38 million bales. Cultivated area declined significantly to…

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