login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Cotton Prices Hold Steady in Lower Rajasthan; Kapas Arrivals Decline

14 Nov 2024 12:24 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

New Delhi, November 14 (Commodities Control): Cotton prices remained unchanged in Lower Rajasthan on Thursday, driven by subdued purchasing activity from spinning mills, while arrivals of Kapas in the region’s mandis declined.

The limited purchasing by spinning mills has kept prices stable, with traders cautious about any significant price increases. Global cotton prices have recently softened, making exports less profitable. Additionally, local and export demand for yarn remains lower than anticipated, suggesting that cotton prices may continue to see only modest fluctuations. The prices of cottonseed and Kapas also remained stable in the region.

In the domestic futures market, cotton prices showed mixed movement. On NCDEX, Kapas for April-25 futures increased slightly by ₹0.5 to ₹1,556 per 20 kg, while on MCX, the November-24 cotton contract decreased by ₹370 to ₹55,010 per candy.

In terms of arrivals, Lower Rajasthan received 7,500 bales of Kapas, each bale equivalent to 170 kg, down from 8,000 bales in the previous trading session.



(By CommoditiesControl Bureau; +91-9820130172)


       
  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 :  
   

Post Comment  

Latest Market Commentary
Cumin Market Remains Stable in Gujarat Amid Sluggish De...
Coriander Prices Stable in Gujarat Amid Lack of Demand;...
Clove Prices Stable Amid Steady Supply; Upward Trend An...
Domestic Pepper Prices Continue to Climb Amid Delayed H...
Small Cardamom Prices Decline from Multi-Year Highs
more
Top 5 News
Market Wise Chana Arrivals: Supply Down By -12.51% Aga...
Market Wise Tur Arrivals: Supply Down By -46.91% Again...
Market Wise Matar Arrivals: Supply Up By 42.16% Agains...
Market Wise Masur Arrivals: Supply Up By 7.58% Against...
International Wheat Prices - 11 Dec 2024
Top 5 Special Reports
USDA WASDE Soybean Outlook: Increased Production and Ex...
USDA WASDE Report: Cotton Ending Stocks Increase Amid H...
Malaysian Palm Oil Stocks Decline as Production and Exp...
Weekly: Sugar Prices Surge Amid Weather Woes and Global...
Weekly: Cotton Futures Decline Amid Weak Exports and Ex...
Copyright © CC Commodity Info Services LLP. All rights reserved.