Cotton flat on limited demand

0
389

Cotton prices were unchanged as demand from mills and exporters were limited due to festivals. Arrival of the fibre decreased across the Gujarat as markets were closed. Gujarat Sankar-6 cotton was traded at ₹32,200-400 per candy of 356 kg. About 20,000 bales of 170 kg each arrived in Gujarat compared to 40,000 bales last week. Around 50,000 bales cotton arrived in India. Kapas or raw cotton was unchanged due to weak demand from ginners. Kapas was quoted at ₹800-825 per 20 kg and gin delivery kapas stood at ₹825-840.

LEAVE A REPLY