Cotton Prices Stable in Andhra and Telangana; Daily Arrivals Stagnanat

New Delhi, May 20 (Commodities Control): Cotton prices remained stable in the markets of Andhra Pradesh and Telangana for the fourth consecutive trading day on Monday due to limited demand from spinning mills. Meanwhile, the daily arrival of Kapas in these states remained steady.

Traders report that the recent weakening of cotton prices in the global market has made cotton exports from India unprofitable. Additionally, local demand for yarn remains weak, prompting spinning mills in Andhra Pradesh and Telangana to purchase cotton only as needed. This cautious buying approach has kept cotton prices stable in the spot market.

Today, the total arrival of cotton in these states was reported at 2,500 bales, with Andhra Pradesh accounting for 2,000 bales and Telangana for 500 bales, consistent with the previous trading day's figures.





(By CommoditiesControl Bureau: +91-9820130172)