India has slightly revised up its cotton production estimate for 2024-25 to 291.35 lakh bales, driven by a better crop in Odisha. However, demand for cotton is slowing down. Cotton consumption has fallen by 8 lakh bales to 307 lakh bales. Exports are also expected to fall sharply to 15 lakh bales, from 28.36 lakh…
Cotton prices fell 0.5% to ₹53,920 despite the Cotton Association of India (CAI) cutting its crop estimate. The decline came despite weak buying sentiment and profit-taking by investors. CAI has cut its 2024-25 cotton production estimate by 4 lakh bales to 291.30 lakh bales, mainly due to lower production in Maharashtra. Cotton imports are expected…
Cotton candy sales rose by 0.15% on expectations of lower local supplies. The Cotton Association of India (CAI) has cut its domestic crop estimate for 2024–25 by 4 lakh bales to 291.30 lakh bales (170 kg each) due to lower Maharashtra production. With imports at 25 lakh bales, the total supply of cotton, including opening…
India’s cotton imports are expected to double to 33 lakh bales in 2024-25 due to a decline in domestic production. The Cotton Association of India revised production estimates to 291.30 lakh bales due to poor yields in Maharashtra. Imports reached 25 lakh bales. India’s cotton market is experiencing significant changes, with imports expected to double…
According to the Cotton Association of India (CAI), India’s cotton production is expected to decline to 301.75 lakh bales in 2024-2025 from 327.45 lakh bales in the last season. Although the quality of cotton is still good, the decline is due to lower yields in Gujarat and the northern states. By January 2025, domestic demand…
