Cotton candy prices in India have dropped by 0.08% to ₹53,290 due to revised crop projections by the Cotton Association of India (CAI). The updated estimate is now at 304.25 lakh bales, 2 lakh bales higher than earlier forecasts, largely due to better-than-expected yields in Telangana. However, cotton prices remain under pressure as the US…
The Cotton Association of India (CAI) has revised up its 2024-25 cotton production estimates by 2 lakh bales, taking the total estimate to 304.25 lakh bales. The consumption estimate has been increased by 2 lakh bales on the back of increasing demand. Exports, primarily to Bangladesh, continue at a low pace. CCI holds a significant…
Cotton candy prices have dropped slightly by 0.22% at ₹54,320 due to rising global cotton production projections for the 2024-25 season. Global cotton production is projected to rise by over 1.2 million bales to 117.4 million bales, with India and Argentina being key producers. However, India’s three primary cotton-producing states, Punjab, Haryana, and Rajasthan, have…
Cotton candy prices are expected to decline by 0.26% to ₹54,530 per tonne in CY 2024-25, while global production is expected to increase by 1.2 million bales to 117.4 million bales due to higher supplies in Argentina and India. Cotton supplies in North India (Punjab, Haryana and Rajasthan) have declined by 43% year-on-year as of…
Till mid-December 2024, the Cotton Corporation of India (CCI) has procured over 31 lakh bales of cotton at the Minimum Support Price (MSP). Telangana and Maharashtra are leading in the procurement of cotton. CCI has projected that the cotton procurement in 2024-25 will be higher than last year at 33 lakh bales with higher MSP….
Cotton candy prices fell by 0.34% to ₹55,360 per candy, driven by profit booking and rising cotton yarn demand in southern India. India’s cotton production for 2024/25 is expected to drop by 7.4% due to reduced acreage and crop damage caused by excessive rainfall and pest infestations. The USDA lowered India’s production estimate to 30.72…
Cotton candy prices declined by 0.52% to ₹55,910. India’s cotton production is forecast to decline by 7.4% to 30.2 million bales for 2024/25, with reduced acreage and high rainfall damaging crops. The USDA slightly overestimated the production figure at 30.72 million bales, but lowered ending stocks to 12.38 million bales. Cultivated area declined significantly to…
Indian cotton prices reached a seasonal low of ₹53,000 per candy due to weak demand and declining cottonseed prices. However, prices have shown signs of recovery, with support from the Cotton Corporation of India’s (CCI) MSP-based purchases. Raw cotton prices remain below the MSP, and cottonseed prices have dropped due to weaker demand. Daily cotton…
Cotton candy prices fell by 0.44% due to sluggish demand and payment challenges in the yarn market. The USDA lowered India’s 2024-25 season cotton production estimate to 30.72 million bales due to crop damage and pest issues. Global cotton production is projected to increase by over 200,000 bales, driven by China, Brazil, and Argentina. India’s…
Due to profit booking following a recent spike fuelled by worries over decreased acreage in the current Kharif farming season, cotton candy prices fell by -0.53% to settle at 56,830. In comparison to 121.24 lakh hectares during the same period last year, cotton acreage has declined by about 9% to 110.49 lakh hectares, according to…
