Login ID:
Password:
Partner Login
Contact Us : 7066511911

Cotton Prices Rise in Maharashtra for Second Consecutive Session

4 Jul 2020 4:16 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (commodities control) - Cotton prices were shot up Rs 200-300 per candy amid reduced arrivals, firm global prices and buying by local mills.Cotton prices were reported form for second trading session in a row.

State arrivals were registered at 12,000 bales. Kapas was quoted at Rs 4200-4550 and cottonseed was priced at Rs 2300-2400/quintal and cotton seed cake was quoted at Rs 2000-2200/quintal. Nagpur-Yavatmal Line 30+mm cotton was quoted at Rs 34,000 and 29+MM was priced at Rs 33,500/candy. Meanwhile Jalgaon line 29+mm was quoted at Rs 33,300/candy. Akola-Marathwada line 29mm cotton was priced at Rs 32,500-32,700 and 28MM cotton were quoted at Rs 31,500-31,700/candy. Traders reveal improvement in demand from textiles mills along with reduced arrivals. Exporters have become active underpinning cotton prices. ICE cotton prices have upped more than 2%this week and touched 4 months' high.

       
  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
Chana Firm in Selective Spot Markets
Domestic Tur Mixed For Third Straight Day in Selective ...
Moong Slips In Kar/Mah Amid Higher Moisture Content In ...
Branded Processed Pulses At Mumbai APMC Market- 13th Au...
Burma Urad Extends Rise in Major Mkts, Polished Variety...
more
Top 5 News
Weak Festival Demand, Adequate Availability of Imported...
Chana Firm in Selective Spot Markets
Spot Cardamom Prices Rally Due to Rising Demand
Coriander: Mixed Price Trend in Spot, Futures Decline
India Spices Export Offer Price - 13 AUGUST 2020
Top 5 Special Reports
USD/INR (Aug 20) Consolidating Within an Emerging Do...
Major Changes in State-wise Cotton Acreage; Telangana S...
India Set for 310 Lk Tons of Sugar Output Next Season
USD/INR (Aug 20) Consolidating Below Key Resistance ...
USD/INR (Aug 20) Consolidating Below Key Resistance ...
Copyright © CC Commodity Info Services LLP. All rights reserved.