Login ID:
Password:
Partner Login
Contact Us : 7066511911

Cotton Prices Steady in Karnataka amid Zero Arrivals Due to Heavy Rains

26 Sep 2020 5:04 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities Control) - Cotton arrivals are affected in Karnataka amid heavy rains in last 24 hours. However mill demand has been steady due to which prices are supported at the bottom.

Traders anticipate higher arrivals next month onwards, which will elevate yarn mills demand as well. This will aid cotton price rise, as well. However, at the moment mills are purchasing only as per their requirement. State mandis did not register daily arrivals today. 30 mm cotton in Karnataka was quoted at Rs 37,700-37,900 per Candy, while 29 mm cotton was priced at Rs 37,200-37,400 per Candy. In Bellary, 30mm was priced at Rs 36,800-900 per candy. Bijapur 29-30mm cotton was quoted at Rs 36,500-37,000 per candy. Kapas was priced at Rs 4,000-5275 and cottonseed was quoted at Rs 2200-2650 per quintal. Nationwide cotton arrivals were reported at 14,100 bales on Saturday, with North India registering arrivals at 2200 bales and 2000 bales were witnessed in Upper Rajasthan. Gujarat reported arrivals of 4,000 bales of cotton today and 2,500 bales were registered in Maharashtra, while M.P. witnessed arrivals of 1,500 bales and Andhra Pradesh-Telangana together registered arrivals of 1900 bales of cotton. Karnataka witnessed arrivals of 0 bales of cotton today. (Commodities Control Bureau)

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   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
Weak Futures Weigh on Spot Mustard Seed Prices
Soy Complex – Soybeans (CBT) – Trending Higher / At 52-...
Soy Meal (CBT) – Short-term Extended / Approaching Chan...
Soy Complex – Soybean Oil (CBT) – Positive Short-term T...
Palm Complex – CPO (Jan ‘21) — Bullish Price Trend / Ne...
more
Top 5 News
Chana Traded Mixed in Major Spot Markets
Spot Coriander Soars Rs 70 at Ramganj Auction, Futures ...
Turmeric : Steady Spot, Weak Futures
Raw/Processed Tur Extend Fall in Major Mkts
Spot Jeera Unchanged amid Arrivals of Old Stocks, Firm ...
Top 5 Special Reports
USD/INR (Oct ‘20) – Positive Short-term Trend / May Ret...
Weekly: Tur, Chana Plunge Most This Week, Moong Gains
USD/MYR—
USD/CNY & USD/IDR
CRB Index & U.S. Dollar Index
Copyright © CC Commodity Info Services LLP. All rights reserved.