Prices for cotton candy stayed the same at 60520, with investor mood being affected by worries over Chinese demand. Pink bollworm infection in the Haryana cotton belt is adding to market concerns. According to the 2023–24 Cotton Outlook, the cotton sector is struggling with major declines in both output and consumption on a global scale….
Cotton prices, shown as “Cotton candy,” dropped significantly by -0.85%, ending the day at 60,540. This decrease is in keeping with the difficulties facing the global cotton sector, which will likely see a decline in both output and consumption throughout the forecast period of 2023–24. According to predictions, the U.S. will produce and export less…
Profit taking caused by worries about China’s demand, a significant buyer, caused cotton candy prices to end the day down by -0.23% at 60,840. The estimates for cotton in the United States for 2023–2024 show higher initial stockpiles but decreased production, exports, and ending stocks. High beginning stocks for 2022–2023 were also a result of…
Concerns over the supply from important U.S. growing regions caused cotton candy prices to jump by 1.13% to settle at 61060. According to the U.S. Department of Agriculture (USDA), 31% of the cotton crop was in good to excellent condition, with a little reduction occurring after the passage of Hurricane Idalia. According to the USDA’s…
Prices for cotton candy dropped by 0.43% to settle at 60,380, primarily because of worries about China’s demand as a major cotton market consumer. In the meantime, according to the U.S. Department of Agriculture (USDA), 31% of the cotton crop was in good to excellent condition, with a little reduction following the passage of Hurricane…
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….
The price of cotton candy yesterday increased by 0.85% to 59580 as production concerns persisted. based on reports In Gujarat, sowing increased by almost 5%, reaching 2,679,299.00 hectares compared to 2,545,105.00 hectares in 2021. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%….
Amid worries about decreasing output, cotton candy prices yesterday settled up by 0.17% at 59180. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%. According to figures provided by the Cotton Corporation of India, cotton arrivals for the current season, which began in…
Yesterday, cotton candy declined -0.54% to close at 59380 as concerns about the economy of the natural fiber’s largest consumer, China, cast a shadow over expectations for demand. The next season (October 2023–September 2024) will likely see a 3% reduction in global cotton production, but consumption may remain unchanged, and ending inventories may be lower….
A downturn in China, the world’s top consumer, caused cotton candy to yesterday decline by 1.45% to 59920. The Cotton Association of India (CAI) kept the 311.18 lakh bale prediction for the cotton crop production for the 2022–23 season. The overall amount of cotton produced during the most recent cotton season was 307.05 lakh bales,…
