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…
Prices for cotton candy increased slightly by 0.55% to settle at 58660, driven by strong demand from major consumers such as Bangladesh and Vietnam for Indian cotton. Net sales for the 2023–2024 season increased significantly, according to the USDA’s weekly export sales report. These sales were up 79% from the previous week and 64% from…
Prices for cotton candy saw a little decrease of -0.03% yesterday, ending at 57580. This was mostly due to expectations of higher agricultural harvests, especially in nations like Australia. With the growth in cotton-producing areas, production, consumption, and commerce, the International Cotton Advisory Committee (ICAC) predicted a favorable cotton season for 2024–2025. Specifically, the ICAC…
The price of cotton candy saw slight increases, closing at 59920, mostly due to short covering after a prior decline in price amid hopes for better harvest conditions in nations like Australia. For the forthcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted increases in several indicators, including the area used to produce cotton,…
The International Cotton Advisory Committee’s (ICAC) forecasts for the upcoming 2024–25 season caused a minor decline in cotton prices, which looks to have been reversed by short covering. Cotton candy prices are now up 0.13% to 61660. Global cotton output, commerce, consumption, and area are all expected to rise in the next years. The market…
Cotton candy prices rose 0.87% to 62520, boosted by good developments in domestic and worldwide markets. The Cotton Corporation of India (CCI) reported significant cotton procurement, especially from Telangana, Andhra Pradesh, and Maharashtra, indicating strong domestic demand. Furthermore, the Cotton Association of India (CAI) raised its cotton production predictions for the current season, predicting higher…
Due to various reasons affecting the global cotton market, cotton prices fell by 0.8% Wednesday, ending at 62040 rupees per candy. In contrast to the earlier estimate of 294.1 lakh bales, the Cotton Association of India (CAI) increased its projections for cotton production for the current season, estimating a higher production of 309.70 lakh bales….
The CCPC, comprising key stakeholders in cotton production, raised export and consumption projections for the current season, while also increasing crop estimates. In Mumbai, the Cotton Advisory Board, formerly CCPC, decreased last season’s production and upped import estimates during a recent meeting. The current season’s production is forecasted at 323.11 lakh bales, contrasting with last…
