Cottoncandy prices rose by 0.15% to ₹55,110 due to a downward revision in domestic crop estimates by the Cotton Association of India (CAI). CAI has reduced its 2024-25 production forecast by 4 lakh bales to 291.30 lakh bales of 170 kg each, mainly due to lower yields in Maharashtra. Total cotton supply up to March-end…
Cotton candy prices have declined by 0.41% to 53,510 due to increased supply and weak mill buying. Brazil’s cotton production for 2024-25 is expected to rise by 1.6% to 3.7616 million tons, with a 4.8% expansion in planting area. The Cotton Corporation of India (CCI) is expected to procure over 100 lakh bales at the…
Cotton candy prices dropped by 0.4% to ₹54,200, driven by Brazil’s strong supply projections and higher procurement by the Cotton Corporation of India (CCI). Brazil’s 2024-25 cotton production is expected to rise by 1.6%, while CCI is set to procure over 100 lakh bales at the Minimum Support Price, supporting domestic cotton prices. India’s cotton…
Cotton candy prices rose by 0.5% to ₹54,100 due to expectations that the Cotton Corporation of India will procure over 100 lakh bales at the Minimum Support Price. The Cotton Association of India revised its crop projections for the 2024-25 season by 2 lakh bales, bringing the total output to 304.25 lakh bales. Domestic consumption…
CottonCandy rose 0.54% to ₹53,780, driven by India’s upward crop revision and strong demand from garment industries. The Cotton Association of India (CAI) increased its 2024-25 cotton production estimate by 2 lakh bales to 304.25 lakh bales, mainly due to higher output in Telangana. However, North Indian production is expected to decline by 3.5 lakh…
Cotton candy prices in India have dropped by 0.08% to ₹53,290 due to revised crop projections by the Cotton Association of India (CAI). The updated estimate is now at 304.25 lakh bales, 2 lakh bales higher than earlier forecasts, largely due to better-than-expected yields in Telangana. However, cotton prices remain under pressure as the US…
Cotton candy prices dropped by 0.15% at ₹54,220, driven by the WASDE report, which projected a rise in global cotton production and ending stocks for the 2024/25 crop year. Global cotton production is estimated to increase by over 1.2 million bales, reaching 117.4 million bales, primarily due to higher production in India and Argentina. However,…
