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Cotton Prices Unchanged in Maharashtra amid Weak Mill Buys, Steady Arrivals

26 Sep 2020 4:11 pm
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Mumbai (commodities control) - Cotton prices in Maharashtra have steadied amid weak mill demand and reduced arrivals on Saturday.

Mill demand has weakened at higher price levels. Traders confirm prices rose in the past two days.New crop arrivals are seen rising in month onwards. The state registered arrivals of 2,500 bales on Saturday. Meanwhile kapas was quoted at Rs 4500-4900. Cottonseed was priced steady at Rs 2300-2550/quintal and cotton seed cake was quoted at Rs 2050-2300/quintal. Nagpur-Yavatmal Line 30+mm cotton was quoted at Rs 37,500 and 29+MM was priced at Rs 37,000/candy. Meanwhile Jalgaon line 29+mm was quoted at Rs 36,700/candy. Akola-Marathwada line 29mm cotton was priced at Rs 36,500 and 28.5+MM cotton were quoted at Rs 35,700/candy. 28 mm cotton was priced steady at Rs 35,500 per candy.

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