Cotton prices, shown as “Cotton candy,” dropped significantly by -0.85%, ending the day at 60,540. This decrease is in keeping with the difficulties facing the global cotton sector, which will likely see a decline in both output and consumption throughout the forecast period of 2023–24. According to predictions, the U.S. will produce and export less…
Profit taking caused by worries about China’s demand, a significant buyer, caused cotton candy prices to end the day down by -0.23% at 60,840. The estimates for cotton in the United States for 2023–2024 show higher initial stockpiles but decreased production, exports, and ending stocks. High beginning stocks for 2022–2023 were also a result of…
Cotton prices fell by -0.81%, ending the day at 60900, mostly because of worries about demand from China. The cotton market in the United States for 2023–2024 shows higher initial stocks but decreased production, exports, and ending stocks. Higher beginning stocks for 2022–2023 were a result of unexpectedly substantial warehouse stockpiles reported for July 31,…
Concerns over the supply from important U.S. growing regions caused cotton candy prices to jump by 1.13% to settle at 61060. According to the U.S. Department of Agriculture (USDA), 31% of the cotton crop was in good to excellent condition, with a little reduction occurring after the passage of Hurricane Idalia. According to the USDA’s…
Prices for cotton candy dropped by 0.43% to settle at 60,380, primarily because of worries about China’s demand as a major cotton market consumer. In the meantime, according to the U.S. Department of Agriculture (USDA), 31% of the cotton crop was in good to excellent condition, with a little reduction following the passage of Hurricane…
The price of cotton candy yesterday increased by 0.85% to 59580 as production concerns persisted. based on reports In Gujarat, sowing increased by almost 5%, reaching 2,679,299.00 hectares compared to 2,545,105.00 hectares in 2021. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%….
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,…
Cotton Association of India (CAI) kept its prediction for the cotton crop production for the 2022–2023 season at 311.18 lakh bales, causing Cottoncandy to close yesterday’s trading session up 0.07% at 60800. According to a CAI statement, 307.05 lakh bales of cotton were produced overall during the most recent cotton season. The CAI has assessed…
Due to increased demand and decreased crop output in the current season, cotton prices are predicted to reach 75,000 per candy by the middle of this year. India will soon cease being a net exporter of cotton due to its high consumption, according to Atul Ganatra, president of the Cotton Association of India. With fewer…
The 125 lakh hectares of natural fiber in India are planted with cotton, but only 12% of that cotton is organic. With the organic variant, though, islands of ongoing studies show promise. In order to obtain 400 tonnes of organic cotton during the 2022–2023 kharif season, 3,000 tribal farmers have gathered under the auspices of…
