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Karnataka Cotton Holds Steady for Third Consecutive Session amid Stagnant Arrivals

19 Jan 2021 4:40 pm
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Mumbai (Commodities Control) - Karnataka cotton prices were steady on Tuesday amid restricted demand from yarn millers and stockists for the third straight session in a row, while daily arrivals are stalled. It is to be noted that domestic futures prices recovered tracking global cotton prices. MCX cotton active contract is 0.57% higher at Rs 21,140.

Daily cotton arrivals on Tuesday were registered at 9,000 bales, unchanged from the last session.

Karnataka Quotes (Per Quintal)

Kapas - Rs 5,200-6,200

Cottonseed - Rs 2,300-2,550

Mandi-wise Cotton Quotes (Per Candy)

29-29.5 mm - Rs 43,500 -44,200

30/31mm - Rs. 44,500-45,200

DCH 32 BLS 33/34mm- Rs 62,500-66,000

(Commodities Control Bureau)

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