Concerns over the supply from important U.S. growing regions caused cotton candy prices to jump by 1.13% to settle at 61060. According to the U.S. Department of Agriculture (USDA), 31% of the cotton crop was in good to excellent condition, with a little reduction occurring after the passage of Hurricane Idalia. According to the USDA’s…
Prices for cotton candy dropped by 0.43% to settle at 60,380, primarily because of worries about China’s demand as a major cotton market consumer. In the meantime, according to the U.S. Department of Agriculture (USDA), 31% of the cotton crop was in good to excellent condition, with a little reduction following the passage of Hurricane…
Amid worries about decreasing output, cotton candy prices yesterday settled up by 0.17% at 59180. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%. According to figures provided by the Cotton Corporation of India, cotton arrivals for the current season, which began in…
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….
Cotton candy yesterday decreased -0.23% to settle at 59840 as economic worries over the natural fiber’s major consumer, China, cast a shadow over demand projections. 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. The Cotton Association…
When compared to the current season (October 2023–September 2024), global cotton production is expected to decline by 3%, while consumption may remain flat and ending inventories may be lower. Cotton candy closed yesterday at 59980, up 0.1%. Concerns about a slowdown in China, the world’s biggest buyer, limit upside potential. According to the Cotton Association…
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,…
Cotton Association of India (CAI) kept its prediction for the cotton crop production for the 2022–2023 season at 311.18 lakh bales, causing Cottoncandy to close yesterday’s trading session up 0.07% at 60800. According to a CAI statement, 307.05 lakh bales of cotton were produced overall during the most recent cotton season. The CAI has assessed…
The price of cotton candy yesterday increased by 0.37% to 60440 as Punjab registered arrivals that were approximately one-third of the previous year, 2021–2022. 8.7 lakh quintals of cotton have arrived in Punjab so far this year for the 2022–23 marketing season, compared to 28.89 lakh quintals for the entire 2021–22 marketing season. According to…
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…
