As a new harvest season starts in October 2023, more arrivals are expected, which will put downward pressure on prices. As a result, cotton prices decreased by 0.97% to 58,960. Given that India’s cotton exports touched a record low of 15.50 lakh bales in 2022–2023, the scenario regarding cotton exports has been concerning. Despite supply…
Prices of cotton candy increased by 0.3% to close at 61080. The increase was brought on by reports of a pink bollworm infestation in Haryana’s cotton growing region. The 2023–24 Cotton outlook shows that the global cotton sector is struggling with declines in both output and consumption. The U.S. cotton predictions for 2023–2024 are for…
Cotton prices fell by -0.81%, ending the day at 60900, mostly because of worries about demand from China. The cotton market in the United States for 2023–2024 shows higher initial stocks but decreased production, exports, and ending stocks. Higher beginning stocks for 2022–2023 were a result of unexpectedly substantial warehouse stockpiles reported for July 31,…
The price of cotton candy yesterday increased by 0.85% to 59580 as production concerns persisted. based on reports In Gujarat, sowing increased by almost 5%, reaching 2,679,299.00 hectares compared to 2,545,105.00 hectares in 2021. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%….
Amid worries about decreasing output, cotton candy prices yesterday settled up by 0.17% at 59180. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%. According to figures provided by the Cotton Corporation of India, cotton arrivals for the current season, which began in…
Yesterday, cotton candy declined -0.54% to close at 59380 as concerns about the economy of the natural fiber’s largest consumer, China, cast a shadow over expectations for demand. The next season (October 2023–September 2024) will likely see a 3% reduction in global cotton production, but consumption may remain unchanged, and ending inventories may be lower….
