Concerns over supply and continued cotton usage drove cotton prices, as represented by Cottoncandy, to register a significant increase of 1.21%, ultimately settling at 61660. In contrast to the previous month, the U.S. cotton balance sheet for 2023–2024 revealed lower ending stocks due to greater exports and less mill use, while output stayed constant. A…
Due to worries about supply and long-term cotton usage, cotton candy prices closed 0.3% higher at 60080. The 2023–2024 U.S. cotton balance sheet showed stable production but decreased ending stocks, increased exports, and decreased mill use. With the export projection increased to 12.3 million bales, ending stockpiles were anticipated to have disappeared by 20%, or…
Price declines of -0.07% were observed in cotton candy yesterday, with the main cause being profit bookings following recent advances. The cotton candy price closed at 58560. Initial price increases were caused by worries about supply dynamics and long-term cotton use. All the same, the most recent U.S. cotton balance sheet shows lower ending stocks…
The USDA’s weekly sales data showed that cotton candy was in strong demand, as evidenced by its 1.32% gain at 58320. In comparison to the previous week, net sales for 2023/2024 increased by 69% to 349,400 running bales, above the four-week average by 37%. Strong demand especially from China and Vietnam helped exports hit a…
The price of cotton candy, a vital product for the world’s textile sector, dropped by -0.03% to settle at 57720. Predictions for the 2023–2024 era show lower global consumption of cotton, especially in major cotton-producing countries like India, Indonesia, Pakistan, Uzbekistan, and Turkey. This reduction coincides with significant changes in the global cotton market. Higher…
Cotton prices, as indicated by Cotton candy, dropped by -0.63% to settle at 57020. Reduced predictions for global demand in 2023–2024 contributed to the decline, especially in major cotton-producing nations including Turkey, India, Indonesia, Pakistan, and Uzbekistan. In addition, a 2.0 million bale increase in world-ending stocks for 2023–2024 was caused by higher beginning stocks…
The price of cotton candy saw a decrease of -0.66%, ending at 57620. This was driven by an increase in prices abroad as a result of a reduction in unsold inventory and a depreciating US dollar. For the 2023–2024 season, the world cotton market experienced revisions to its consumption forecasts. India, Indonesia, Pakistan, Uzbekistan, and…
The price of cotton candy experienced a little increase, closing 0.45% higher at 57500, driven by a decline in unsold inventory, a rise in international prices, and a weakening of the U.S. dollar. predictions of consumption for the 2023–2024 season were revised downward on the global cotton market, with a decrease of 1.3 million bales…
Cotton candy prices saw pressure from lower global consumption predictions for the 2023–2024 season, but they ended the day up 0.76% at 55,660 thanks to low-level buying. Turkey, Pakistan, India, Indonesia, and Uzbekistan are expected to have lower consumption expectations, which accounts for the predicted drop of 1.3 million bales. Nevertheless, a rise in global…
As the market is generally seen to be done dropping from here, cotton prices have been stable over the past month, which has helped to improve demand from spinning mills, dealers, and international trading houses. “A significant decrease in pricing from this point on is improbable. Buying by mills is partly due to this reason….
