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…
A weak milling demand amid dampened yarn demand in the global market was the main cause of yesterday’s little fall in cotton candy, which saw a closing price of -0.24 % at 58,540. However, India was spared negative pressure because Bangladesh and Vietnam remained major buyers of its cotton. The International Cotton Advisory Committee (ICAC)…
Due to worries about weak milling demand amid a slowdown in yarn demand worldwide, cotton candy prices fell by 1% to close at 57700. The drawback was, however, minimal because purchasers in Bangladesh and Vietnam continued to have a high demand for India’s cotton. For the upcoming season of 2024–2025, the International Cotton Advisory Committee…
Prices for cotton candy rose by 0.93% to settle at 56,500, fueled by strong demand from important customers like Bangladesh and Vietnam for Indian cotton. Nevertheless, the limited worldwide yarn demand coupled with a slowing milling demand restrained the upside. A stronger crop in nations like Australia may have moderated the upward trend. For the…
Yesterday saw pressure on cotton candy, which ended up down -0.95% at 56600. This was mostly because of worries about slow milling demand amid a slowdown in yarn demand worldwide. The bearish feeling was further exacerbated by the possibility of a better crop in nations such as Australia. On the other hand, strong demand from…
The price of cotton candy fell somewhat, by -0.1%, to settle at 57360. This was mostly caused by a slowdown in the demand for milling amid a downturn in the demand for yarn on the international market. Expectations of a better crop in nations like Australia added to the pressure on prices. The drawback was…
Prices for cotton candy increased slightly by 0.55% to settle at 58660, driven by strong demand from major consumers such as Bangladesh and Vietnam for Indian cotton. Net sales for the 2023–2024 season increased significantly, according to the USDA’s weekly export sales report. These sales were up 79% from the previous week and 64% from…
Prices for cotton candy fell marginally by -0.07% to settle at 58620, primarily due to a rise in global carryover and a fall in demand. Expectations of higher crop yields in nations like Australia restrained upside possibilities even though the USDA weekly export sales data showed a notable increase in net sales. For the following…
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,…
