Cotton prices down in North India

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Abohar – Cotton prices declined in North India Saturday as demand slowed down at higher level.

Total arrivals in the region stood at 22,000 bales.

J-34 RG quoted in range of Rs 3,625-3,675 per maund in Punjab, Rs 3,550-3,575per maund in Haryana and Rs 3,560-3,570 per maund in Rajasthan.

Prices of cotton yarn were steady. Export offer of 30 count combed cotton yarn were placed at 3.50 dollar per kg CNF. Domestic offer price of 30 count combed cotton yarn placed at Rs 178 per kg, 30 count carded cotton yarn at Rs 163 per kg and 30 count single PC yarn at 168 per kg.

Source: http://www.moneycontrol.com/commodity/comm_news.php?autono=172597&type=MKT

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