Login ID:
Password:
Partner Login
Contact Us : 7066511911

Cotton Prices Firm In Lower Rajasthan

14 Nov 2019 2:21 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - Cotton prices rose by Rs 50 per candy at major markets in lower Rajasthan on Thursday amid an uptrend in other north Indian markets.

Arrivals today stood at 8,000 bales, down 2,500 bales from 10,500 bales on Wednesday.

The price of 28-29.5MM cotton in Marwar offered higher at Rs 36,850-38,250/candy. 27-28MM in Mewar also ruled at Rs 36,850-38,250/candy. While the price of 29-29.5MM in Alwar was unchanged at Rs 37,950-38,450/maund.

Kapas here traded at Rs 5,050-5,500 per quintal, while cotton seed quoted at Rs 2,750-2,850/quintal.

According to traders, the market sentiment has changed after an increase in purchases from the CCI and mills as the quality of cotton coming into the market has improved.


SPOT COTTON PRICE IN LOWER RAJASTHAN
MARKET/VARIETY UNIT 14-Nov 13-Nov AVERAGE %Change US cent/lb
14-Nov 13-Nov ABS CHANGE*
Lower Rajasthan-Marwad Line 28-29.5 mm (MIC 3.8-4.00) Rs/Candy 36850-38250 36800-38200 37550 37500 50 0.1 65.2-67.66
Lower Rajasthan-Mewad Line 27-28mm (MIC 3.00-3.8) Rs/Candy 36850-38250 36800-38200 37550 37500 50 0.1 65.2-67.66
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 37950-38450 37900-38500 38200 38200 0 0.0 67.14-68.01
Note: USD/INR= Rs 72.11
Note: 1 candy = 356kg | 1 maund = 37.3kg | 1 Bales= 170 kg
*Average Change is the difference between average price of current date vs previous date

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Trade Uncertainty Weighs on ICE Cotton; Focus on WASDE ...
India's 2019-20 Daily Cotton Arrivals Up 51% Y/Y At 2,2...
Cotton Prices Rise Up to Rs 500/Candy In Central, South...
Yarn Prices as on 9th December, 2019
M.P Cotton Shoots Up Rs 200 on Millers’ Buying Interest...
more
Top 5 News
Long/Short Quantity Position In NCDEX Chana On 9th Dece...
Uttar Pradesh Sugar Mill Prices - 10 December 2019
Uttar Pradesh Sugar Mill Prices - 10 December 2019
Rajasthan Origin Chana Trades Lower in Delhi
Long/Short Quantity Position In NCDEX Mustard Seed On 0...
Top 5 Special Reports
USD/INR (Dec. ’19) – May Decline Towards Support at 71....
USD/ARS & USD/BRL
USD/CNY & USD/IDR
USD/MYR
Cotton Seed Oilcake (NCDEX) – May Attempt a Relief Rall...
Copyright © CC Commodity Info Services LLP. All rights reserved.