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

Cotton Prices Show Mixed Trend in Andhra and Telangana

18 Jan 2025 1:35 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

New Delhi, January 18 (Commodities Control): Cotton prices in the markets of Andhra Pradesh and Telangana displayed a mixed trend on Saturday, continuing the pattern from the previous day. This was due to limited demand from spinning mills, and daily arrivals of Kapas in both states stood unchanged.

In Andhra Pradesh, cotton prices remained stable, while in Telangana, cotton prices declined for the second consecutive day. Traders indicated that the global cotton market’s low prices are affecting domestic prices, with exports not appearing profitable at the moment.

Additionally, large quantities of cotton have already been imported in the current season, which has led mills to avoid increasing their inventory. This has further contributed to the subdued demand. The prices of Kapas and cottonseed remained stagnant in both states as well.

Today, the arrival of Kapas in Andhra Pradesh and Telangana was reported at 43,500 bales, with 40,000 bales arriving in Telangana markets and 3,500 bales in Andhra Pradesh markets. This is the same number of bales that arrived on the previous trading day.

Overall, cotton prices in Andhra Pradesh and Telangana are likely to remain under pressure due to weak demand from mills and limited movement in the global market, with arrivals showing no significant changes for now.






(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 Prices Gain as Export Demand Strengthens
Coriander Prices Ease as New Crop Arrivals Pick Up
Clove Prices Steady Amid Tight Domestic Supply, Strong ...
Indias Pepper Prices Hold Steady Amid Ramadan Demand; V...
Small Cardamom Prices Steady as Strong Demand Offsets S...
more
Top 5 News
Argentinas Soybean and Corn Crops Deteriorate Amid Heat...
Australian Canola Exports at 1.48 Mt in December Quart...
Indias Castor Seed Production Drops 8% in 2024-25 on Lo...
CFTC Data: Managed Money Cuts SRW Wheat Shorts Amid Sup...
Cotton Market Update: Managed Money Reduces Bearish Bet...
Top 5 Special Reports
USDA Weekly Exports Sales Update: U.S. Cotton Export Sa...
USDA Weekly Exports Sales Update: U.S. Soybean Export S...
Weekly: Sugar Futures Decline Amid Stronger Dollar and ...
Weekly: Cotton Futures Experience Slight Weekly Decline...
CFTC Data Shows Cobalt Market Weakens as Managed Money...
Copyright © CC Commodity Info Services LLP. All rights reserved.