India’s cotton industry will undoubtedly be severely impacted by the political unrest in Bangladesh, even though it may not have a major impact on trade. Bangladesh is the recipient of $2.4 billion worth of Indian cotton exports. Bangladesh’s proportion of India’s total cotton exports increased from 16.8% in FY13 to 34.9% in FY24, based on…
Yesterday, cotton candy prices saw a notable decrease in acreage, with Punjab, Haryana, and Rajasthan reporting just 10.23 lakh hectares under cultivation—a sharp decrease from the 16 lakh hectares recorded the previous year. As a result, cotton candy prices ended the day up 0.44% at 56980. Compared to the average 7.58 lakh hectares in the…
Prices for cotton candy rose by 0.4% to 57,640 INR, mostly due to a notable decrease in the area used for cotton farming in Rajasthan, Haryana, and Punjab. After reporting 16 lakh hectares of cotton last year, these states now record 10.23 hectares under cotton. Just 97,000 hectares of cotton were grown in Punjab, dramatically…
Prices for cotton candy decreased by 0.12% to $58170 due to forecasts for good weather that will increase supply from important growing locations. The negative impact was, however, mitigated by a delay in Brazilian and US supplies, which led to a demand for Indian cotton from mills in nearby nations. Furthermore, stable cottonseed prices are…
Due to delays in shipments from major producers such as the US and Brazil, the price of cotton candy climbed by 0.81% to settle at 58250. This resulted in a greater demand for Indian cotton among mills located in neighboring nations. Even though the southern Indian states had begun planting for the Kharif 2024 season…
Cotton candy, a symbol for cotton prices, had a 1.05% gain in price to settle at 56,960 because of higher demand brought on by delays in shipments from key producers such as the US and Brazil. The demand for Indian cotton from mills in nearby nations has increased as a result of this delay. Furthermore,…
Cotton candy dropped -0.11% to 56840 yesterday as the global market’s weak demand for yarn continues to raise concerns about the slow demand for milling. The drawback, meantime, seems to be minimal given the strong demand that buyers in Bangladesh and Vietnam, among other nations, continue to have for Indian cotton. In areas like Australia,…
A weak milling demand amid dampened yarn demand in the global market was the main cause of yesterday’s little fall in cotton candy, which saw a closing price of -0.24 % at 58,540. However, India was spared negative pressure because Bangladesh and Vietnam remained major buyers of its cotton. The International Cotton Advisory Committee (ICAC)…
Due to worries about weak milling demand amid a slowdown in yarn demand worldwide, cotton candy prices fell by 1% to close at 57700. The drawback was, however, minimal because purchasers in Bangladesh and Vietnam continued to have a high demand for India’s cotton. For the upcoming season of 2024–2025, the International Cotton Advisory Committee…
Prices for cotton candy rose by 0.93% to settle at 56,500, fueled by strong demand from important customers like Bangladesh and Vietnam for Indian cotton. Nevertheless, the limited worldwide yarn demand coupled with a slowing milling demand restrained the upside. A stronger crop in nations like Australia may have moderated the upward trend. For the…
