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Cotton Prices Rise Rs 500 In Lower Rajasthan

28 May 2020 2:09 pm
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Mumbai (Commodities Control) – Selective mill buying in Bhilwada has supported price gains in cotton in Lower Rajasthan. Fibre in the region upped Rs 400-500/candy amid arrivals of 500 bales.

Kapas was quoted at Rs 5000-5450 and cottonseed was priced at Rs 2800-2900/Quintal. Cottonseed oilcake traded in the range of Rs 2600-2700/Quintal.

28-29.5 mm cotton in Marwad was quoted at Rs 32,000-33,200 and 29-29.5 mm in Alwar was priced at Rs 33,000-33,700/Candy. 29.5 mm in Pilani traded in the range of Rs 3550-3570/Maund.

Demand from textile and yarn millers has cushioned the price of cotton. Although mill operations is a challenge amid labour shortage.

(Commodities Control Bureau)


       
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