![Fears of a production drop are driving up cotton prices](https://market-tracker.in/wp-content/uploads/2023/08/cotton-g65a4c857a_1280-sixteen_nine.jpg)
Fears of a production drop are driving up cotton prices
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…