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Cotton prices gains as India’s cotton production in 2023/24 is likely to fall 7.5%

Cottoncandy experienced a marginal gain of 0.07%, settling at 56740, influenced by factors impacting global cotton production. India, a significant player in the cotton market, is expected to witness a 7.5% decline in cotton production for 2023/24 to 29.5 million bales. Lower planted areas and the impact of El Niño weather conditions on productivity are cited as […]

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Global cotton prices dip, Indian spot prices show minimal decrease

INSIGHTS In the past month, global cotton benchmarks have seen a general decline, according to Cotton Incorporated. The most notable shift in open interest has moved from the NY/ICE December contract to the March contract, with the latter’s prices currently at 80 cents per pound, a drop from last month’s 89 cents per pound. The

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Cotton Curse: How pink bollworm evolved to be the biggest threat for Bt cotton

This is the fourth story in a series about pink bollworm attacks on Bt cotton in the North Zone, comprising Punjab, Haryana and Rajasthan. Indian farmers have faced consistent losses of Bt cotton crops due to pink bollworm attacks since the mid-2000s, when scientists found that the insect had become resistant to the genetically modified

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Cotton production next season expected to be about 330 lakh bales, says cotton federation

India is expected to see production of 330 lakh to 340 lakh bales (each 170 kg) of cotton in 2023-2024 cotton season that begins on October 1, said J. Thulasidharan, president of the Indian Cotton Federation, in Coimbatore city on September 24 (Sunday). He said at the annual general meeting of the federation that sowing

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Cotton gains Following news that the pink bollworm is attacking crops in Haryana.

Cotton candy prices saw a 0.26% increase, closing at 60,700, driven by reports of pink bollworm infestation in Haryana’s cotton belt. The global cotton industry faces production and consumption reductions in the 2023-24 outlook. In the U.S., projections for 2023/24 include lower cotton production, exports, and ending stocks. Beginning stocks for 2022/23 were also increased due to

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