![Cotton dropped as worldwide output and demand fell](https://market-tracker.in/wp-content/uploads/2023/09/organic-cotton-roundtable-hero-1-600x400.jpg)
Cotton dropped as worldwide output and demand fell
Cotton prices, shown as “Cotton candy,” dropped significantly by -0.85%, ending the day at 60,540. This decrease is in keeping with the difficulties facing the global cotton sector, which will likely see a decline in both output and consumption throughout the forecast period of 2023–24. According to predictions, the U.S. will produce and export less…