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Karnataka Cotton Prices Rise Rs 100 per Candy amid Improved Mill Buying

28 Sep 2020 3:19 pm
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Mumbai (Commodities Control) - Cotton prices were reported to have risen by Rs 100 per candy in Karnataka amid Improved mill demand. Meanwhile cotton prices were steady in Bellary and Bijapur mandis.

State mandis registered daily arrivals of 1100 bales vs zero arrivals on Saturday due to heavy rains in the region. 31 mm cotton was quoted at Rs 38,300-38,500 per candy and 30 mm cotton in Karnataka was quoted at Rs 37,800-38,000 per Candy, while 29 mm cotton was priced at Rs 37,300-37,500 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 19,500 bales on Monday, with North India registering arrivals at 3,900 bales and 3,000 bales were witnessed in Upper Rajasthan. Gujarat reported arrivals of 5,000 bales of cotton today and 3,000 bales were registered in Maharashtra, while M.P. witnessed arrivals of 1,600 bales and Andhra Pradesh-Telangana together registered arrivals of 1900 bales of cotton. Karnataka witnessed arrivals of 1,100 bales of cotton today. (Commodities Control Bureau)

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