Login ID:
Partner Login
Contact Us : 7066511911

Cotton Prices Down Rs 100/Candy In Lower Rajasthan

14 Feb 2020 3:51 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - Cotton prices moved lower by Rs 100 per candy at major markets in lower Rajasthan on Friday despite lower arrivals.

Arrivals today stood lower at around 3,000 bales than 3,500 bales on Thursday.

The price of 28-29 MM cotton in Marwar and Mewar fell by Rs 100 each at Rs 37,550-39,050 and Rs 37,050-38,550/candy, respectively. The price of 29-29.5MM in Alwar also ruled weak by Rs 100 at Rs 38,550-38,850/maund.

Kapas here traded at Rs 4,300-5,300 per quintal. While cotton seed quoted at Rs 2,100-2,450/quintal. Cotton seed oil cake on the other hand traded at Rs 2,000-2,200 per quintal.

According to traders, demand from mills remained weak today as overnight fall in the global market has weakened the sentiment. On the other hand, market was dominated by the sellers amid fear of further fall in the price. While the export market continued to remain listless due to the outbreak of coronavirus in China.

MARKET/VARIETY UNIT 14-Feb 13-Feb AVERAGE %Change US cent/lb
14-Feb 13-Feb ABS CHANGE*
Lower Rajasthan-Marwad Line 28-29 mm (MIC 3.0-3.8) Rs/Candy 37550-39050 37650-39150 38300 38400 -100 -0.3 67.18-69.85
Lower Rajasthan-Mewad Line 28-29mm (MIC 3.0-3.8) Rs/Candy 37050-38550 37150-38650 37800 37900 -100 -0.3 66.29-68.95
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 38550-38850 38650-38950 38700 38800 -100 -0.3 68.97-69.49
Note: USD/INR= Rs 71.31
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
CAI Sees Domestic Cotton Consumption Drop 25 Lk Bales A...
Cotton Complex – Cotton No. 2 (COT) – Relief Rally Unde...
ICE Cotton Futures Settles Mixed On Liquidation, Up Mo...
Cotton No. 1 (ZCE) – Short-term Selling Exhaustion / Du...
Cotton Complex – Cotton No. 2 (COT) – Relief Rally Unde...
Top 5 News
Indian Sugar Shipments Near Standstill Amid Lockdown
BMD CPO Settles Higher As Malaysia’s Sabah Suspends Pla...
Branded Processed Pulses At Mumbai APMC Market- 8th Apr...
India’s White Sugar Exports Near Standstill; May Slip U...
Imported Masoor Firm In Kolkata; White Pea Slips
Top 5 Special Reports
USD/INR (Apr. ’20) – Bullish Price Trend / Next Potenti...
CRB Index & U.S. Dollar Index
Copyright © CC Commodity Info Services LLP. All rights reserved.