![Gains for cotton as global production is predicted to fall by 3% the next season](https://market-tracker.in/wp-content/uploads/2023/08/7c098280951a28c0f2aa4291f179ae42.png)
Gains for cotton as global production is predicted to fall by 3% the next season
When compared to the current season (October 2023–September 2024), global cotton production is expected to decline by 3%, while consumption may remain flat and ending inventories may be lower. Cotton candy closed yesterday at 59980, up 0.1%. Concerns about a slowdown in China, the world’s biggest buyer, limit upside potential. According to the Cotton Association…