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…
Cotton candy prices fell by 0.44% due to sluggish demand and payment challenges in the yarn market. The USDA lowered India’s 2024-25 season cotton production estimate to 30.72 million bales due to crop damage and pest issues. Global cotton production is projected to increase by over 200,000 bales, driven by China, Brazil, and Argentina. India’s…
Cotton candy prices fell by 0.43% to 57,460 due to moderate demand and weak export activity, particularly in Bangladesh. However, the downside was limited due to hopes of demand recovery from China and concerns about crop damage from Hurricane Helene. The USDA revised India’s cotton production forecast for the 2024-25 season to 30.72 million bales,…
28 lakh bales, or almost 80%, of the crop year 2023–24, or the season ending in September, is projected to be exported as cotton. There were 15.50 lakh bales of cotton exported in the preceding crop year. Higher than anticipated supplies from Maharashtra and Gujarat, the estimated pressing estimates for the 2023–24 season are 323.03…
Cotton candy prices rose by 0.5% to ₹58,610 due to concerns over reduced acreage in the Kharif season, down by 9% to 110.49 lakh hectares compared to 121.24 hectares last year. Farmers are shifting to other crops due to lower cotton yields and high production costs. Increased cotton exports to Bangladesh have tightened the cotton…
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…
