Cotton Increases as CAI Reduces Lower Yield Output Estimate to 301.75 Lakh Bales

Cotton candy prices rose by 0.09% to ₹54,420 in January 2025, despite lower production estimates for the 2024-25 season. The Cotton Association of India projected total cotton output at 301.75 lakh bales, a decline from 327.45 lakh bales in the previous season. However, the quality of cotton remains strong. As of January 2025, the total…

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Cotton increased because it is anticipated that CCI will purchase over 100 lakh bales of cotton at MSP

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…

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Cotton fell as higher production and ending stocks were predicted by the Wasde report

Cotton candy prices dropped by 0.15% at ₹54,220, driven by the WASDE report, which projected a rise in global cotton production and ending stocks for the 2024/25 crop year. Global cotton production is estimated to increase by over 1.2 million bales, reaching 117.4 million bales, primarily due to higher production in India and Argentina. However,…

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Cotton Increases With Short Covering As Prices Drop With Hopes For A Better Crop

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,…

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