![Cotton fell due to muted global demand and improved crop prospects](https://market-tracker.in/wp-content/uploads/2024/04/cotton-plant-information-2-600x400.jpg)
Cotton fell due to muted global demand and improved crop prospects
Prices for cotton candy decreased significantly by -1.86% yesterday, leveling at 60,120. The main causes of this reduction were the reduced demand worldwide and the expectation of a better harvest in nations such as Australia. For the upcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted gains in cotton-producing areas, production, consumption, and trade….