Cotton candy prices rose by 0.5% to ₹54,100 due to expectations that the Cotton Corporation of India will procure over 100 lakh bales at the Minimum Support Price. The Cotton Association of India revised its crop projections for the 2024-25 season by 2 lakh bales, bringing the total output to 304.25 lakh bales. Domestic consumption…
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…
CottonCandy prices rose by 0.05% to ₹55,390 due to profit booking and strong demand from garment industries and export orders. India’s cotton production for 2024/25 is projected to decline by 7.4% due to reduced acreage and crop damage from excessive rainfall. The USDA revised its forecast to 30.72 million bales, lowering ending stocks to 12.38…
Cotton candy prices fell by 0.34% to ₹55,360 per candy, driven by profit booking and rising cotton yarn demand in southern India. India’s cotton production for 2024/25 is expected to drop by 7.4% due to reduced acreage and crop damage caused by excessive rainfall and pest infestations. The USDA lowered India’s production estimate to 30.72…
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…
Yesterday, cotton candy prices saw a notable decrease in acreage, with Punjab, Haryana, and Rajasthan reporting just 10.23 lakh hectares under cultivation—a sharp decrease from the 16 lakh hectares recorded the previous year. As a result, cotton candy prices ended the day up 0.44% at 56980. Compared to the average 7.58 lakh hectares in the…
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,…
Prices of cotton candy increased by 0.3% to close at 61080. The increase was brought on by reports of a pink bollworm infestation in Haryana’s cotton growing region. The 2023–24 Cotton outlook shows that the global cotton sector is struggling with declines in both output and consumption. The U.S. cotton predictions for 2023–2024 are for…
