India Cotton Market Recover in July as Market Rebounds After June Dip
India's 29 MM Cotton Candy prices showed mixed movement over the last three months. Prices stood at ₹65,700 per candy in May 2026 before declining 5.1% to ₹62,350 in June, reflecting improved supply expectations, cautious buying by spinning mills, and softer market sentiment.
The market regained momentum in July, with prices rising 3.7% to ₹64,650 per candy on the back of renewed mill demand and improved buying interest. Despite the recovery, prices remained ₹1,050 per candy below May levels, indicating that the market has not fully recovered from June's correction.
Looking ahead, industry participants expect cotton prices to remain broadly stable in the near term. However, domestic cotton arrivals are gradually weakening as the marketing season progresses, while cotton imports are increasing to bridge the supply gap and meet the requirements of the textile industry. Going forward, market direction is likely to depend on the pace of domestic arrivals, monsoon-driven crop prospects, demand from the textile sector, export orders, the volume of cotton imports, and global cotton price trends. Overall, the July rebound suggests that underlying demand remains supportive despite short-term volatility, although higher imports may help moderate any sharp upward price movement.
