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 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…
Cotton prices rose by 0.26% to ₹57,200 due to concerns over reduced acreage in the Kharif cropping season. The Cotton Association of India reported a 9% decrease in cotton acreage, which is expected to be around 113 lakh hectares this year. This decline is primarily due to lower yields and high production costs. India’s cotton…
The increased anticipated production in the United States is primarily responsible for the 1.1 million bale increase in the worldwide cotton production prediction for 2024–2025 to 120.2 million bales. Global consumption is anticipated to rise by 250,000 bales, with increases in Malaysia and India balancing declines in other regions. These adjustments cause the global ending…
Cotton candy, a symbol for cotton prices, had a 1.05% gain in price to settle at 56,960 because of higher demand brought on by delays in shipments from key producers such as the US and Brazil. The demand for Indian cotton from mills in nearby nations has increased as a result of this delay. Furthermore,…
The price of cotton candy increased by 0.85% to reach 56,960, driven by strong demand from Bangladesh and Vietnam for Indian cotton, despite worries over slowing milling demand and weakening yarn demand worldwide. Still, hopes for a stronger crop in places like Australia limited the positive. The ICAC (International Cotton Advisory Committee) has forecasted growth…
Yesterday saw pressure on cotton candy, which ended up down -0.95% at 56600. This was mostly because of worries about slow milling demand amid a slowdown in yarn demand worldwide. The bearish feeling was further exacerbated by the possibility of a better crop in nations such as Australia. On the other hand, strong demand from…
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 fell marginally by -0.07% to settle at 58620, primarily due to a rise in global carryover and a fall in demand. Expectations of higher crop yields in nations like Australia restrained upside possibilities even though the USDA weekly export sales data showed a notable increase in net sales. For the following…
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,…
