Cotton candy prices dropped by 0.4% to ₹54,200, driven by Brazil’s strong supply projections and higher procurement by the Cotton Corporation of India (CCI). Brazil’s 2024-25 cotton production is expected to rise by 1.6%, while CCI is set to procure over 100 lakh bales at the Minimum Support Price, supporting domestic cotton prices. India’s cotton…
CottonCandy rose 0.54% to ₹53,780, driven by India’s upward crop revision and strong demand from garment industries. The Cotton Association of India (CAI) increased its 2024-25 cotton production estimate by 2 lakh bales to 304.25 lakh bales, mainly due to higher output in Telangana. However, North Indian production is expected to decline by 3.5 lakh…
Cotton candy prices have fallen by 0.11% to ₹54,820, as global cotton production for CY 2024-25 is projected to rise by over 1.2 million bales to 117.4 million bales, driven by increased output in India and Argentina. However, cotton arrivals in Punjab, Haryana, and Rajasthan have declined by 43%, raising concerns across the supply chain….
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…
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…
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…
Prices for cotton candy saw a little decrease of -0.03% yesterday, ending at 57580. This was mostly due to expectations of higher agricultural harvests, especially in nations like Australia. With the growth in cotton-producing areas, production, consumption, and commerce, the International Cotton Advisory Committee (ICAC) predicted a favorable cotton season for 2024–2025. Specifically, the ICAC…
The International Cotton Advisory Committee’s (ICAC) forecasts for the upcoming 2024–25 season caused a minor decline in cotton prices, which looks to have been reversed by short covering. Cotton candy prices are now up 0.13% to 61660. Global cotton output, commerce, consumption, and area are all expected to rise in the next years. The market…
Prices for cotton candy, which had previously been supported by variables impacting India’s cotton production, were at a halt at 57340 due to profit booking. According to projections, less planted acreage and the effects of El Nino weather will cause India’s cotton production to drop by 7.5% to 29.5 million bales in 2023–2024. According to…
The cotton crop for the 2022–23 season (October–September) is predicted to be a low of 313 lakh bales (each weighing 170 kg), down from the earlier expectation of 321.50 lakh bales, driven by a decline in production in the cotton-growing states of Telangana and Maharashtra. 307 lakh bales of cotton were thought to have been…
