Concerns about global production and profit booking cause cotton candy prices to decline

Cotton candy prices fell by 0.34% to ₹55,360 per candy, driven by profit booking and rising cotton yarn demand in southern India. India’s cotton production for 2024/25 is expected to drop by 7.4% due to reduced acreage and crop damage caused by excessive rainfall and pest infestations. The USDA lowered India’s production estimate to 30.72…

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Cotton Prices Increase as 7-Year Low Production Is Anticipated in India in 2024–2025

Cotton candy prices rose by 0.25% to 55,610 due to concerns over India’s cotton production, which is forecasted to decline by 7.4% in 2024/25 to 30.2 million bales. The USDA revised India’s cotton production estimate to 30.72 million bales and reduced ending stocks to 12.38 million bales. India’s cotton planting area has decreased significantly, with…

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Cotton increased after India’s cotton production forecast was lowered by the USD to 30.72 million bales

Cotton candy prices rose by 1.7% to 57,420 due to supply concerns and reduced production forecasts. The USDA lowered India’s cotton production forecast to 30.72 million bales due to crop damage and pest issues. Ending stocks were reduced to 12.38 million bales, tightening supply. However, the upside was limited by weak yarn market demand and…

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USDA Reduces India’s Production Forecast to 30.72 Million Bales, Increasing Cotton Prices

Cotton candy prices rose by 0.11% at 56,810, driven by the USDA’s revision of India’s cotton production forecast for the 2024-25 season to 30.72 million bales, down from previous estimates due to crop damage and pest issues. However, the upside movement remains limited due to moderate demand and weak export activity, especially in key markets…

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