![As India’s cotton production is predicted to decline by 7.5% in 2023–2024, cotton prices rise](https://market-tracker.in/wp-content/uploads/2023/11/cotton-g65a4c857a_1280-sixteen_nine-1-600x400.jpg)
As India’s cotton production is predicted to decline by 7.5% in 2023–2024, cotton prices rise
Cottoncandy saw a small increase of 0.07%, ultimately settling at 56740, as a result of factors affecting cotton production worldwide. India, a major participant in the cotton market, is predicted to produce 29.5 million bales of cotton in 2023–2024, a 7.5% decrease from the previous year. Contributing variables mentioned include lower planted areas and the…