India’s cotton industry will undoubtedly be severely impacted by the political unrest in Bangladesh, even though it may not have a major impact on trade. Bangladesh is the recipient of $2.4 billion worth of Indian cotton exports. Bangladesh’s proportion of India’s total cotton exports increased from 16.8% in FY13 to 34.9% in FY24, based on…
Yesterday, cotton candy prices saw a notable decrease in acreage, with Punjab, Haryana, and Rajasthan reporting just 10.23 lakh hectares under cultivation—a sharp decrease from the 16 lakh hectares recorded the previous year. As a result, cotton candy prices ended the day up 0.44% at 56980. Compared to the average 7.58 lakh hectares in the…
Prices for cotton candy rose by 0.4% to 57,640 INR, mostly due to a notable decrease in the area used for cotton farming in Rajasthan, Haryana, and Punjab. After reporting 16 lakh hectares of cotton last year, these states now record 10.23 hectares under cotton. Just 97,000 hectares of cotton were grown in Punjab, dramatically…
The increased anticipated production in the United States is primarily responsible for the 1.1 million bale increase in the worldwide cotton production prediction for 2024–2025 to 120.2 million bales. Global consumption is anticipated to rise by 250,000 bales, with increases in Malaysia and India balancing declines in other regions. These adjustments cause the global ending…
Prices for cotton candy decreased by 0.12% to $58170 due to forecasts for good weather that will increase supply from important growing locations. The negative impact was, however, mitigated by a delay in Brazilian and US supplies, which led to a demand for Indian cotton from mills in nearby nations. Furthermore, stable cottonseed prices are…
Due to delays in shipments from major producers such as the US and Brazil, the price of cotton candy climbed by 0.81% to settle at 58250. This resulted in a greater demand for Indian cotton among mills located in neighboring nations. Even though the southern Indian states had begun planting for the Kharif 2024 season…
Cotton candy, a symbol for cotton prices, had a 1.05% gain in price to settle at 56,960 because of higher demand brought on by delays in shipments from key producers such as the US and Brazil. The demand for Indian cotton from mills in nearby nations has increased as a result of this delay. Furthermore,…
Cotton candy dropped -0.11% to 56840 yesterday as the global market’s weak demand for yarn continues to raise concerns about the slow demand for milling. The drawback, meantime, seems to be minimal given the strong demand that buyers in Bangladesh and Vietnam, among other nations, continue to have for Indian cotton. In areas like Australia,…
The price of cotton candy increased by 0.85% to reach 56,960, driven by strong demand from Bangladesh and Vietnam for Indian cotton, despite worries over slowing milling demand and weakening yarn demand worldwide. Still, hopes for a stronger crop in places like Australia limited the positive. The ICAC (International Cotton Advisory Committee) has forecasted growth…
Prices for cotton candy fell by 0.48% to settle at 57,600, mostly as a result of weak milling demand amid weak demand for yarn globally. The strong demand for Indian cotton from nations like Bangladesh and Vietnam, however, kept the negative to a minimum. The dynamics of the market were further influenced by expectations of…
