Cotton candy prices dropped by 0.4% to ₹54,200, driven by Brazil’s strong supply projections and higher procurement by the Cotton Corporation of India (CCI). Brazil’s 2024-25 cotton production is expected to rise by 1.6%, while CCI is set to procure over 100 lakh bales at the Minimum Support Price, supporting domestic cotton prices. India’s cotton…
CottonCandy rose 0.54% to ₹53,780, driven by India’s upward crop revision and strong demand from garment industries. The Cotton Association of India (CAI) increased its 2024-25 cotton production estimate by 2 lakh bales to 304.25 lakh bales, mainly due to higher output in Telangana. However, North Indian production is expected to decline by 3.5 lakh…
Cotton candy prices in India have dropped by 0.08% to ₹53,290 due to revised crop projections by the Cotton Association of India (CAI). The updated estimate is now at 304.25 lakh bales, 2 lakh bales higher than earlier forecasts, largely due to better-than-expected yields in Telangana. However, cotton prices remain under pressure as the US…
The Cotton Association of India (CAI) has revised up its 2024-25 cotton production estimates by 2 lakh bales, taking the total estimate to 304.25 lakh bales. The consumption estimate has been increased by 2 lakh bales on the back of increasing demand. Exports, primarily to Bangladesh, continue at a low pace. CCI holds a significant…
Cotton candy prices have dropped slightly by 0.22% at ₹54,320 due to rising global cotton production projections for the 2024-25 season. Global cotton production is projected to rise by over 1.2 million bales to 117.4 million bales, with India and Argentina being key producers. However, India’s three primary cotton-producing states, Punjab, Haryana, and Rajasthan, have…
Indian cotton prices reached a seasonal low of ₹53,000 per candy due to weak demand and declining cottonseed prices. However, prices have shown signs of recovery, with support from the Cotton Corporation of India’s (CCI) MSP-based purchases. Raw cotton prices remain below the MSP, and cottonseed prices have dropped due to weaker demand. Daily cotton…
Cotton candy prices fell by 0.61% to 56,920 due to weak yarn market demand and payment constraints. The USDA reduced India’s cotton production forecast for the 2024-25 season to 30.72 million bales, with ending stocks lowered to 12.38 million bales due to crop damage. Global cotton production estimates have been raised by over 200,000 bales,…
Cotton candy prices rose by 1.7% to 57,420 due to supply concerns and reduced production forecasts. The USDA lowered India’s cotton production forecast to 30.72 million bales due to crop damage and pest issues. Ending stocks were reduced to 12.38 million bales, tightening supply. However, the upside was limited by weak yarn market demand and…
Cotton candy prices rose by 0.11% at 56,810, driven by the USDA’s revision of India’s cotton production forecast for the 2024-25 season to 30.72 million bales, down from previous estimates due to crop damage and pest issues. However, the upside movement remains limited due to moderate demand and weak export activity, especially in key markets…
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,…
