Mumbai – Cotton traded Rs 200-500 per candy higher in West India Thursday on restricted selling and yesterday’s limit up in ICE cotton. Although demand was moderate. Light rains reported in some parts of Maharashtra.
Gujarat, new A grade S-6 cotton traded at Rs 32,200- 32,700 per candy and B grade cotton at Rs 31,500-32,000 per candy. Prices of New V 797 offered at Rs 25,500-27,000 a candy.
In Maharashtra A grade cotton low micronaire quoted at Rs 31,300-31,800 per candy and A grade high micronaire cotton 29+ MM quoted at 31,800-32,500 per candy.
In Madhya Pradesh, A grade cotton low micronaire quoted at Rs 31,300-31,800 per candy and A grade high micronaire cotton 29+ MM quoted at 31,800-32,500 per candy.
Source: http://www.moneycontrol.com/commodity/comm_news.php?autono=178253&type=MKT
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