Prices for cotton candy saw a little decrease of -0.03% yesterday, ending at 57580. This was mostly due to expectations of higher agricultural harvests, especially in nations like Australia. With the growth in cotton-producing areas, production, consumption, and commerce, the International Cotton Advisory Committee (ICAC) predicted a favorable cotton season for 2024–2025. Specifically, the ICAC…
The price of cotton candy saw slight increases, closing at 59920, mostly due to short covering after a prior decline in price amid hopes for better harvest conditions in nations like Australia. For the forthcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted increases in several indicators, including the area used to produce cotton,…
Prices for cotton candy decreased significantly by -1.86% yesterday, leveling at 60,120. The main causes of this reduction were the reduced demand worldwide and the expectation of a better harvest in nations such as Australia. For the upcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted gains in cotton-producing areas, production, consumption, and trade….
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…
The ICAC’s predictions for the 2024–25 season anticipate growth in cotton-producing areas, production, consumption, and trade. This led to a -0.58% decline in cotton candy prices, closing at 61,860. Cotton cultivation is expected to expand by 3% to 32.85 million hectares, yielding 25.22 million tonnes. Consumption is forecasted to increase by 2.9% to 25.37 million…
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…
Cotton candy prices rose 0.87% to 62520, boosted by good developments in domestic and worldwide markets. The Cotton Corporation of India (CCI) reported significant cotton procurement, especially from Telangana, Andhra Pradesh, and Maharashtra, indicating strong domestic demand. Furthermore, the Cotton Association of India (CAI) raised its cotton production predictions for the current season, predicting higher…
Due to various reasons affecting the global cotton market, cotton prices fell by 0.8% Wednesday, ending at 62040 rupees per candy. In contrast to the earlier estimate of 294.1 lakh bales, the Cotton Association of India (CAI) increased its projections for cotton production for the current season, estimating a higher production of 309.70 lakh bales….
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…
The price of cotton candy fell -0.81% yesterday, closing at 61,480. This weakness was reflected in the price of ICE (NYSE: ICE), which was caused by lower mill demand and higher supply forecasts. The updated Australian output estimate from Cotton Australia, which predicts a rise to at least 4.5 million bales due to excellent weather,…
