MMT – Market-Tracker

Cotton Declined Due to Weak Milling Demand

Mahalakshmi@fastura.com2 months ago2 months ago02 mins

Due to worries about weak milling demand amid a slowdown in yarn demand worldwide, cotton candy prices fell by 1% to close at 57700. The drawback was, however, minimal because purchasers in Bangladesh and Vietnam continued to have a high demand for India’s cotton. For the upcoming season of 2024–2025, the International Cotton Advisory Committee…

Cotton Increases With Short Covering As Prices Drop With Hopes For A Better Crop

Mahalakshmi@fastura.com3 months ago02 mins

The price of cotton candy saw slight increases, closing at 59920, mostly due to short covering after a prior decline in price amid hopes for better harvest conditions in nations like Australia. For the forthcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted increases in several indicators, including the area used to produce cotton,…

Tag: MMT

Cotton Declined Due to Weak Milling Demand

Cotton Increases With Short Covering As Prices Drop With Hopes For A Better Crop

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