![Gains in cotton are due to reports that the pink bollworm is destroying the cotton belt in Haryana](https://market-tracker.in/wp-content/uploads/2023/09/IMG2_trisha-downing-pyud8ZaVq4I-unsplash-600x400.jpg)
Gains in cotton are due to reports that the pink bollworm is destroying the cotton belt in Haryana
A pink bollworm infestation reportedly damaging the cotton belt in Haryana caused cotton prices to rise 0.63%, closing at 60900. The 2023–24 Cotton prognosis indicates that the global cotton industry is, nonetheless, struggling with decreased production and consumption. Forecasts for 2023–2024 in the United States show higher beginning stocks but decreased output, exports, and ending…