Cotton Association of India (CAI) kept its prediction for the cotton crop production for the 2022–2023 season at 311.18 lakh bales, causing Cottoncandy to close yesterday’s trading session up 0.07% at 60800. According to a CAI statement, 307.05 lakh bales of cotton were produced overall during the most recent cotton season. The CAI has assessed…
The price of cotton candy yesterday increased by 0.37% to 60440 as Punjab registered arrivals that were approximately one-third of the previous year, 2021–2022. 8.7 lakh quintals of cotton have arrived in Punjab so far this year for the 2022–23 marketing season, compared to 28.89 lakh quintals for the entire 2021–22 marketing season. According to…
Cotton prices yesterday decreased by -0.59% to 57500 as farmers who had been hanging onto their crop in anticipation of a return to record-high prices from the previous year have begun to sell their harvest. From the historical average of 20,000 bales per day in May, the daily arrival of cotton in the markets has…
This season (October 2022–September 2023) will likely see cotton exports reach a 19-year low due to weak demand from importing nations as a result of the slowing economies in the U.S. and Europe. The U.S. Department of Agriculture (USDA) projects that Indian cotton exports will fall by 500,000 bales this month to 1.8 million (U.S….
Telangana, the third-largest cotton-producing State in the nation, increased its cotton production by 33% from 18.85 lakh tonnes (lt) in 2015. This is right despite the crop’s area not significantly expanding. 19 lakh hectares (lh) of cotton were planted over the time period, a 12 percent increase from 17 lh. The state’s ability to export…
Traders predict grim futures for the export of the fibre crop as domestic cotton prices continue to dominate higher than rates in the international market. At the same time as key producing regions are seeing an increase in cotton arrivals at agricultural produce marketing committee (APMC) yards, However, farmers would rather hold back their produce…
The Cotton Association of India (CAI) has anticipated that the domestic cotton demand for India for the 2022–23 season up to September will be roughly 18 lakh bales (170 kg each) lower at 300 lakh bales or nearly 6% less than last year’s 318 lakh bales. The fall in domestic consumption was ascribed to mill…
