Login ID:
Password:
Partner Login
Contact Us : 7066511911

Cotton Prices Down In Lower Rajasthan On Sluggish Demand

14 Dec 2019 3:51 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - Cotton prices fell by Rs 100-150 per candy at major markets in lower Rajasthan on Saturday amid sluggish trade and on lower demand.

Arrivals today stood at 2,500 bales from 5,000 bales on Friday.

According to traders, the weather in the area has been very bad for two days. Rain and hail have also occurred at many places. Even today there is a cloud in the sky. The cold has increased after the rain. Hence the trade is very sluggish. There are no buyers in the market. Because of this, there is pressure on prices despite the decrease in arrivals.

The price of 28-29.5MM cotton in Marwar offered at Rs 37,100-38,700/candy. 27-28MM in Mewar also ruled at Rs 37,100-38,700/candy. While the price of 29-29.5MM in Alwar was at Rs 38,100-38,800/maund.

Kapas here traded at Rs 4,800-5,500 per quintal, while cotton seed quoted at Rs 2,700-2,800/quintal.

SPOT COTTON PRICE IN LOWER RAJASTHAN
MARKET/VARIETY UNIT 14-Dec 13-Dec AVERAGE %Change US cent/lb
14-Dec 13-Dec ABS CHANGE*
Lower Rajasthan-Marwad Line 28-29 mm (MIC 3.0-3.8) Rs/Candy 37100-38700 37200-38900 37900 38050 -150 -0.4 67-69.88
Lower Rajasthan-Mewad Line 28-29mm (MIC 3.0-3.8) Rs/Candy 37100-38700 37200-38900 37900 38050 -150 -0.4 67-69.88
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 38100-38800 38200-38900 38450 38550 -100 -0.3 68.81-70.06
Note: USD/INR= Rs 70.64
Note: 1 candy = 356kg | 1 maund = 37.3kg | 1 Bales= 170 kg
*Average Change is the difference between average price of current date vs previous date

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Coriander Prices Weaken In Ramganj Amid Higher Arrivals...
Spot Cardamom Prices Jumped Rs 200
Red Chilli: Prices of Selected Varieties Rise in Guntur...
Spot Coriander Prices Firm in Major Mandis
Spot Jeera Weakens taking Cues from Dull Futures
more
Top 5 News
PM Modi Launches Financing Facility under Agriculture I...
DGFT Cancels Licenses of 56 Pulses Importers; Caught Fo...
India 2020-21 State wise Kharif Pulses Sowing Aug 5
Coriander Prices Weaken In Ramganj Amid Higher Arrivals...
Sugar Prices to Sweeten Until Diwali, Higher Output May...
Top 5 Special Reports
Cabinet May Extend Buffer Stock Subsidy Scheme For Suga...
USD/INR (Aug 20) Consolidating Below Key Resistance ...
Flour, Maida Export From India Not Viable Despite Recen...
USD/INR (Aug 20) Consolidating Below Key Resistance ...
USD/INR (Aug 20) Testing Resistance Near 75.50 (the ...
Copyright © CC Commodity Info Services LLP. All rights reserved.