Cotton steady to weak in South India

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Mumbai – Cotton traded steady to weak in South India Monday on lower demand.

In Adilabad, new cotton traded at Rs 31,500-32,300 per candy. In Guntur, 31/32 MM cotton offered at Rs 34,500- 35,000 a candy. In Warangal, 30 MM cotton quoted at Rs 32,000- 33,000 a candy.

In Karnataka, Jaidhar 22+ MM cotton traded at Rs 28,000-29,000 a candy, 29 MM quoted at Rs 31,500- 32,500 a candy and 30 MM at Rs 33,000-33,500 per candy.

Source: http://www.moneycontrol.com/commodity/comm_news.php?autono=177163&type=MKT

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