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Gujarat Cotton Prices Quoted Dull

29 May 2020 3:12 pm
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Mumbai (Commodities Control) – Gujarat cotton prices were quoted to be steady amid rising number of corona cases reported in the state.

Gujarat mandis reported arrivals of 18,000 bales of cotton. Kapas was quoted at Rs 4450-4900 and cottonseed was priced at Rs 2325-2525/Quintal. Cottonseed oilcake traded in the range of Rs 2200-2580/Quintal.

Sankar-6 29mm cotton was quoted at Rs 32,700-32,900 and 28.5+mm was priced at Rs 32,200-32,400/Candy, while 28mm was priced at Rs 31,600-31,800/Candy.

Traders have reported lackluster demand at higher levels, while labour shortage is affecting trade in a big way.


(Commodities Control Bureau)


       
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