Login ID:
Partner Login
Contact Us : 7066511911

Cotton Prices Tumble In Lower Rajasthan

19 Nov 2019 3:01 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - Cotton prices tumbled by Rs 300 per candy at major markets in lower Rajasthan on Tuesday, tracking weakness in Punjab and Haryana and amid strong arrivals.

Arrivals today stood at 10,500 bales, up 2,500 bales from 8,000 bales on Monday.

The price of 28-29.5MM cotton in Marwar offered at Rs 36,800-38,100/candy. 27-28MM in Mewar also ruled at Rs 36,800-38,100/candy. While the price of 29-29.5MM in Alwar was at Rs 37,600-38,100/maund.

Kapas here traded at Rs 4,800-5,500 per quintal, while cotton seed quoted at Rs 2,700-2,800/quintal.

According to traders, the arrival is more, while there is no demand from other states. Local mills are also buying as per their requirement. Also, procurement from the CCI is said to be very slow.

MARKET/VARIETY UNIT 19-Nov 18-Nov AVERAGE %Change US cent/lb
19-Nov 18-Nov ABS CHANGE*
Lower Rajasthan-Marwad Line 28-29.5 mm (MIC 3.8-4.00) Rs/Candy 36800-38100 37100-38400 37450 37750 -300 -0.8 65.24-67.53
Lower Rajasthan-Mewad Line 27-28mm (MIC 3.00-3.8) Rs/Candy 36800-38100 37100-38400 37450 37750 -300 -0.8 65.24-67.53
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 37600-38100 37900-38400 37850 38150 -300 -0.8 66.66-67.53
Note: USD/INR= Rs 71.96
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

   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
India Exported 3.7 Million Tonnes Of Sugar In 2018-19 S...
ICE Raw Sugar Ends Marginally Down
Sugar Prices Mixed In Mumbai On Selective Demand
Madhya Pradesh Sugar Mill Prices 13 December 2019
Tamil Nadu Sugar Mill Prices 13 December 2019
Top 5 News
Tur/Masoor Move Higher In Delhi
Cotton Prices Down In Lower Rajasthan On Sluggish Deman...
Burma Urad Remains Weak In Mumbai
Imported White Pea Gains In Kolkata
Sudan/Ethiopia/Russia Kabuli Chana Firm In Mumbai
Top 5 Special Reports
USD/INR (Dec. 19) Bearish Short-term Trend: Retestin...
USD/INR (Dec. 19) Retesting Major Support Near 71.00...
USD/INR (Dec. 19) Retesting Major Support Near 71.00...
USDA Revises Down 2019-20 Global Cotton Production Esti...
USD/INR (Dec. 19) May Decline Towards Support at 71....
Copyright © CC Commodity Info Services LLP. All rights reserved.