Due to limited mill buying and a significant increase in supply, cotton prices fell
Cotton candy prices have declined by 0.41% to 53,510 due to increased supply and weak mill buying. Brazil’s cotton production for 2024-25 is expected to rise by 1.6% to 3.7616 million tons, with a 4.8% expansion in planting area. The Cotton Corporation of India (CCI) is expected to procure over 100 lakh bales at the…