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  • U.S. cotton exports

Tag: U.S. cotton exports

  • NCDEX Market

The decline in cotton prices Amid Poor Export Information

Mahalakshmi@fastura.com7 months ago01 mins

Cotton candy prices fell by 0.68% to ₹55,280 due to weaker export data and a 47% decline in weekly export sales of upland cotton. However, domestic cotton yarn prices in South India have risen due to stronger demand for the garment industry and robust export orders. India’s cotton production for 2024/25 is projected to decline…

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  • NCDEX Market

As prices increased and the USDA reduced U.S. production, cotton fell on profit booking

Mahalakshmi@fastura.com2 years ago02 mins

Profit booking caused cotton candy to drop -0.54% to close at 58,700 after rising in response to the USDA’s October WASDE data. Citing reduced yields in Texas, the research reduced U.S. cotton production for 2023–2024 to 12.8 million bales. Fascinatingly, Brazil is on the verge of surpassing U.S. cotton exports for the first time since…

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