![Cotton Gains Despite Increased Foreign Prices, Supported By A Decline In Unsold Inventory](https://market-tracker.in/wp-content/uploads/2022/11/cotton-1-1.jpg)
Cotton Gains Despite Increased Foreign Prices, Supported By A Decline In Unsold Inventory
The price of cotton candy saw a decrease of -0.66%, ending at 57620. This was driven by an increase in prices abroad as a result of a reduction in unsold inventory and a depreciating US dollar. For the 2023–2024 season, the world cotton market experienced revisions to its consumption forecasts. India, Indonesia, Pakistan, Uzbekistan, and…