Cotton candy prices fell by 0.44% due to sluggish demand and payment challenges in the yarn market. The USDA lowered India’s 2024-25 season cotton production estimate to 30.72 million bales due to crop damage and pest issues. Global cotton production is projected to increase by over 200,000 bales, driven by China, Brazil, and Argentina. India’s…
Cotton candy prices fell by 0.61% to 56,920 due to weak yarn market demand and payment constraints. The USDA reduced India’s cotton production forecast for the 2024-25 season to 30.72 million bales, with ending stocks lowered to 12.38 million bales due to crop damage. Global cotton production estimates have been raised by over 200,000 bales,…
Cotton Candy prices rose by 0.09% to 57,000 due to the USDA’s reduction in India’s cotton production forecast for the 2024-25 season to 30.72 million bales due to crop damage and pest issues. Ending stocks are expected to drop to 12.38 million bales. Acreage under cotton is down by about 9%, but higher yields from…
Cotton candy prices rose by 0.11% at 56,810, driven by the USDA’s revision of India’s cotton production forecast for the 2024-25 season to 30.72 million bales, down from previous estimates due to crop damage and pest issues. However, the upside movement remains limited due to moderate demand and weak export activity, especially in key markets…
Considering a global supply rise predicted after July, the Southern India Mills’ Association (SIMA) advised textile mills to refrain from panic buying amid rising cotton prices. Net sales decreased by 69% in 2023/2024 compared to the previous week and 83% from the previous 4-week average, according to data released by the U.S. Department of Agriculture…
Price declines of -0.07% were observed in cotton candy yesterday, with the main cause being profit bookings following recent advances. The cotton candy price closed at 58560. Initial price increases were caused by worries about supply dynamics and long-term cotton use. All the same, the most recent U.S. cotton balance sheet shows lower ending stocks…
The price of cotton showed tenacity during yesterday’s trading session, ending the day up 0.62% at 58680. The recent U.S. cotton balance sheet for the 2023–2024 season, which showed decreased ending stocks, increased exports, and stable output, is responsible for the upward trend. With a strong rate of shipments and sales, the export projection was…
The USDA’s weekly sales data showed that cotton candy was in strong demand, as evidenced by its 1.32% gain at 58320. In comparison to the previous week, net sales for 2023/2024 increased by 69% to 349,400 running bales, above the four-week average by 37%. Strong demand especially from China and Vietnam helped exports hit a…
Prices for cotton, which are shown above as “Cotton candy,” increased somewhat by 0.11% to settle at 55940. For the current 2023–2024 season, the Cotton Association of India (CAI) updated their cotton production projection to 29.4 million bales. This negative revision was ascribed to farmers uprooting plants and pink bollworm infestation damage in Haryana. In…
As traders struggled with worries about short-term supply shortages, cotton prices, depicted as Cotton Candy, finished up 0.25% at 57000. The certified cotton stocks, deliverable against the contract, have decreased from their previous peak on December 1st to 6,325 bales on December 5th, indicating a tightening supply scenario. The International Cotton Advisory Committee (ICAC) predicts…
