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Cotton Prices Rise Rs 200 In Gujarat Amid Hopes of Demand Recovery

1 Jun 2020 3:58 pm
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MUMBAI (commodities control) - Cotton prices in gujarat moved ahead as the lockdown restrictions were further eased.

Cotton prices in state mandis rose Rs 100-200/candy amid 18,000 bales of arrival. Kapas was quoted at Rs 4650-5000 and cottonseed was priced at Rs 2350-2600 per quintal. Cottonseed cake traded in the range of Rs2200-2480. Sankar-6 29 mm cotton was quoted at Rs 32,600-32,800 and 28.5+MM was priced at Rs 32,300-32,500 per candy.28MM cotton was quoted at Rs 31,500-31,700 per candy. MCX cotton is trading positive amid highly volatile session. June contract on MCX slipped Rs 180 from the day's high of Rs 16,070.

       
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