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…
Prices for cotton candy stayed the same at 60520, with investor mood being affected by worries over Chinese demand. Pink bollworm infection in the Haryana cotton belt is adding to market concerns. According to the 2023–24 Cotton Outlook, the cotton sector is struggling with major declines in both output and consumption on a global scale….
Profit taking caused by worries about China’s demand, a significant buyer, caused cotton candy prices to end the day down by -0.23% at 60,840. The estimates for cotton in the United States for 2023–2024 show higher initial stockpiles but decreased production, exports, and ending stocks. High beginning stocks for 2022–2023 were also a result of…
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….
A downturn in China, the world’s top consumer, caused cotton candy to yesterday decline by 1.45% to 59920. The Cotton Association of India (CAI) kept the 311.18 lakh bale prediction for the cotton crop production for the 2022–23 season. The overall amount of cotton produced during the most recent cotton season was 307.05 lakh bales,…
As Punjabi farmers are expected to reduce the acreage during the kharif planting season, the area under cotton in North India is unlikely to increase from levels seen last year. Farmers in Rajasthan and Haryana, however, are likely to plant more land in the natural fiber crop as a result of early April’s unexpected rains….
Cotton prices dropped by 0.29% to 62640 as the market was pressured by the likelihood of increased output and decreased consumption in India. The Cotton Association of India (CAI) predicts that the country’s cotton production will rise by 19.3% to 360.2 lakh bales (each weighing 170 kg) for the crop year 2022–2023 from 302 lakh…
The cotton sector is expected to have a strong year, which is encouraging for the seed industry. Farmers have received high prices for cotton fiber for the previous two growing seasons, and an average monsoon is expected, according to the Indian Meteorological Department (IMD). “Due to lesser production, cotton is in high demand, thus everyone…
Telangana, the third-largest cotton-producing State in the nation, increased its cotton production by 33% from 18.85 lakh tonnes (lt) in 2015. This is right despite the crop’s area not significantly expanding. 19 lakh hectares (lh) of cotton were planted over the time period, a 12 percent increase from 17 lh. The state’s ability to export…
