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Cotton Slightly Up In North On Positive Global Cues

17 Aug 2019 2:58 pm
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MUMBAI (Commoditiescontrol) – Cotton prices rules firm in North India spot markets on Saturday, tracking overnight gains in ICE Cotton futures.

Prices were up
by Rs. 5/25 per Maund at Rs. 4450 – 4520 per Maund in Punjab, Haryana and Upper Rajasthan. While in lower Rajasthan, cotton prices remained unchanged from previous session.

Globally, the most active December contract on ICE crossed the 60 cent mark closing higher by 0.8% at 60.72 cents per pound on Friday.

On MCX, the August contract on Friday ended the session higher by 0.82% at Rs. 20,800 per Bale of 170kg each.

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