Cotton Increases as CAI Reduces Lower Yield Output Estimate to 301.75 Lakh Bales

Cotton candy prices rose by 0.09% to ₹54,420 in January 2025, despite lower production estimates for the 2024-25 season. The Cotton Association of India projected total cotton output at 301.75 lakh bales, a decline from 327.45 lakh bales in the previous season. However, the quality of cotton remains strong. As of January 2025, the total…

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Cotton increased because it is anticipated that CCI will purchase over 100 lakh bales of cotton at MSP

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…

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Cotton fell as higher production and ending stocks were predicted by the Wasde report

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,…

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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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