Cotton prices down in south India

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Mumbai – Cotton traded down further down in south India Saturday on weak demand.

In Adilabad, new cotton traded at Rs 34,800-35,200 per candy. In Guntur, 31/32 MM cotton offered at Rs 36,000- 36,300 a candy. In Warangal, 30/31 MM cotton quoted at Rs 35,000- 35,800 a candy.

In Karnataka, Jaidhar 22+ MM cotton traded at Rs 29,000- 30,000 a candy, 29 MM quoted at Rs 34,800- 35,300 a candy and 30 MM at Rs 35,800-36,400 per candy.

Source: http://www.moneycontrol.com/commodity/comm_news.php?autono=170450&type=MKT

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