Cottoncandy prices rose by 0.55% to 53,500, despite an upward revision in India’s cotton production estimate. The Cotton Association of India (CAI) revised the production forecast slightly higher to 291.35 lakh bales, primarily due to improved yields in Odisha. However, 8 lakh bales lowered consumption estimates to 307 lakh bales, and exports were revised down…
Cotton candy prices rose slightly by 0.18% to 54,500, but bearish fundamentals remain. The Cotton Association of India (CAI) revised India’s 2024-25 cotton production to 291.35 lakh bales, attributed to higher output in Odisha. However, sluggish domestic consumption, exports, and ending stocks are weighing on the outlook. India’s cotton consumption estimate was reduced by 8…
Cotton candy prices fell by 1.14% to ₹54,670 due to profit booking and concerns over a shrinking domestic crop. The Cotton Association of India (CAI) revised its production forecast by 4 lakh bales to 291.30 lakh bales, mainly due to reduced output in Maharashtra. Despite the lower crop outlook, prices saw limited upside due to…
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,…
