Login ID:
Partner Login
Contact Us : 7066511911

Gujarat: Cotton Prices Drop Rs 100 Amid Negligible Demand

25 May 2020 10:46 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities Control) – Cotton prices collapsed Rs 100/Candy in Gujarat amid limited trade activity. State registered arrivals of 17,000 bales, as kapas was quoted at Rs 4450-4950 and cottonseed was priced at Rs 2300-2500/Quintal. Cottonseed oil cake was quoted at Rs 2120-2460/Quintal.

29mm cotton in the state was quoted at Rs 32,500-32,700 and 28+mm was priced at Rs 32,000-32,300/Candy, while 28mm traded in the range of Rs 31,600-32,000/Candy.

According to the traders, labour shortage is affecting mills’ operation, however there’s barely any demand in the market.

  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
USDA Reduces 2020-21 Global Soybean Ending Stocks Estim...
CBoT Soybeans Settle Lower on Expectations of Better U...
Indian soybean meal export dips to 5.73 lakh tons
Soy Complex Soybeans (CBT) Consolidating Near a Res...
BMD CPO Futures Recoup Early Losses On Reports Of Fall...
Top 5 News
Booster Dose For Indian Textile Sector
Coriander Prices Weaken amid Dull Demand, Higher Produc...
Cotton Prices Steady-to-Weak in South Indian Markets
Burma Urad SQ Variety Drops At Chennai; FAQ Variety In ...
Cotton Prices Firm in Gujarat amid Improved Demand
Top 5 Special Reports
USD/INR (Jul 20) Counter-trend Bounce / Key Resistan...
USD/INR (Jul 20) Counter-trend Bounce / Key Resistan...
USD/INR (Jul 20) Weak Price Trend / More Downside Pr...
USD/INR (Jul 20) Bearish Breakout from a Descending ...
CBoT Soybean Reaches 4-Months High on Dry, Hot U.S. Wea...
Copyright © CC Commodity Info Services LLP. All rights reserved.