Cotton candy prices saw pressure from lower global consumption predictions for the 2023–2024 season, but they ended the day up 0.76% at 55,660 thanks to low-level buying. Turkey, Pakistan, India, Indonesia, and Uzbekistan are expected to have lower consumption expectations, which accounts for the predicted drop of 1.3 million bales. Nevertheless, a rise in global…
Cotton prices, as indicated by Cotton candy, saw a slight increase of 0.04%, ultimately reaching 56180. The Cotton Association of India (CAI) has not altered its pressing forecast of 294.10 lakh bales weighing 170 kg apiece for the 2023–24 season. Market arrivals, imports, and opening stocks made up the 92.05 lakh bales total supply that…
Profit booking after previous gains caused cotton prices, as represented by Cottoncandy, to somewhat drop, ending at 56160. Market attitude was influenced by the Cotton Association of India (CAI) maintaining its pressing forecast of 294.10 lakh bales for the 2023–24 season. With market arrivals, imports, and opening stocks included, the total supply was anticipated to…
Due to profit-taking after recent advances, cotton candy saw a small decrease of -0.32%, ultimately finishing at 56240. In order to influence market dynamics, the Cotton Association of India (CAI) kept its pressing forecast for the 2023–24 season at 294.10 lakh bales. The President of CAI said that opening inventories, imports, and market arrivals were…
The price of cotton, depicted as cotton candy, increased slightly by 0.07% to settle at 56420. Based on information from trade sources and state associations that cultivate cotton, the Cotton Association of India (CAI) kept its pressing estimate for the 2023–24 season at 294.10 lakh bales. With market arrivals, imports, and opening stockpiles included, the…
The Cotton Association of India (CAI) maintained its pressing forecast for the 2023–24 season at 294.10 lakh bales weighing 170 kg apiece, which helped lift the cotton prices, which were represented by Cotton candy, to close up 0.75% at 56,120. Atul S. Ganatra, President of c, stated that opening stocks, imports, and market arrivals combined…
Prices for cotton, which are shown above as “Cotton candy,” increased somewhat by 0.11% to settle at 55940. For the current 2023–2024 season, the Cotton Association of India (CAI) updated their cotton production projection to 29.4 million bales. This negative revision was ascribed to farmers uprooting plants and pink bollworm infestation damage in Haryana. In…
Cotton candy futures saw a -0.35% decline, closing at 56720, mostly as a result of concerns that cotton fields were being impacted by pink bollworm infestation. The infestation dropped significantly between 2017–18 (30.62%) and 2022–2023 (10.80%). From a two-year peak of 87,770 bales on December 1st, certified cotton stockpiles available for delivery against contracts fell…
Cotton candy, a symbol for cotton prices, closed at 57300, up 0.53%, as traders struggled with worries about short-term supply constraints. Deliverable against contracts, certified cotton stockpiles fell significantly from 87,770 bales on December 1st to 6,325 bales on December 5th, according to ICE statistics. This stock market fall increased market anxiety. 253.71 thousand tons…
As traders struggled with worries about short-term supply shortages, cotton prices, depicted as Cotton Candy, finished up 0.25% at 57000. The certified cotton stocks, deliverable against the contract, have decreased from their previous peak on December 1st to 6,325 bales on December 5th, indicating a tightening supply scenario. The International Cotton Advisory Committee (ICAC) predicts…
