Cottoncandy prices rose by 0.55% to 53,500, despite an upward revision in India’s cotton production estimate. The Cotton Association of India (CAI) revised the production forecast slightly higher to 291.35 lakh bales, primarily due to improved yields in Odisha. However, 8 lakh bales lowered consumption estimates to 307 lakh bales, and exports were revised down…
Cotton candy prices rose slightly by 0.18% to 54,500, but bearish fundamentals remain. The Cotton Association of India (CAI) revised India’s 2024-25 cotton production to 291.35 lakh bales, attributed to higher output in Odisha. However, sluggish domestic consumption, exports, and ending stocks are weighing on the outlook. India’s cotton consumption estimate was reduced by 8…
Cotton candy prices fell by 1.14% to ₹54,670 due to profit booking and concerns over a shrinking domestic crop. The Cotton Association of India (CAI) revised its production forecast by 4 lakh bales to 291.30 lakh bales, mainly due to reduced output in Maharashtra. Despite the lower crop outlook, prices saw limited upside due to…
Cottoncandy prices rose by 0.15% to ₹55,110 due to a downward revision in domestic crop estimates by the Cotton Association of India (CAI). CAI has reduced its 2024-25 production forecast by 4 lakh bales to 291.30 lakh bales of 170 kg each, mainly due to lower yields in Maharashtra. Total cotton supply up to March-end…
Cotton candy prices rose by 0.09% to ₹54,420 in January 2025, despite lower production estimates for the 2024-25 season. The Cotton Association of India projected total cotton output at 301.75 lakh bales, a decline from 327.45 lakh bales in the previous season. However, the quality of cotton remains strong. As of January 2025, the total…
Cotton candy prices rose by 0.5% to ₹54,100 due to expectations that the Cotton Corporation of India will procure over 100 lakh bales at the Minimum Support Price. The Cotton Association of India revised its crop projections for the 2024-25 season by 2 lakh bales, bringing the total output to 304.25 lakh bales. Domestic consumption…
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…
