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,…
The price of cotton candy yesterday increased by 0.37% to 60440 as Punjab registered arrivals that were approximately one-third of the previous year, 2021–2022. 8.7 lakh quintals of cotton have arrived in Punjab so far this year for the 2022–23 marketing season, compared to 28.89 lakh quintals for the entire 2021–22 marketing season. According to…
