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Cotton Prices Steady in Andhra Pradesh, Telangana as Arrivals Pickup Pace

30 Sep 2020 2:41 pm
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Mumbai (commodities control) - Cotton prices were steady for second straight day in Andhra Pradesh and Telangana mandis, amid increase in daily arrivals.

New crop arrivals will commence next month onwards, while the momentum will rise during November. Telangana is estimated to have higher cotton production amid higher acreage reported this kharif. Together, Telangana and Andhra Pradesh reported arrivals of 2,500 bales on Wednesday vs 2,200 bales in the last session. 30-31 mm in Guntur mandi was quoted at Rs 36,500-37,500 and 29mm was priced at Rs 35,500-36,000 per candy. Meanwhile prices in Adoni mandi of Telangana were quoted at Rs 36,300-36,800 per candy. 29 mm cotton in Bhainsa mandi of Telangana was quoted at Rs 35,500-35,700 and 29.5+mm cotton was priced steady at Rs 36,000-36,500 per candy. Meanwhile 29mm cotton in Warangal was quoted steady at Rs 36,600-36,900 and 29.5 mm was priced at Rs 36,800-37,700 per candy. (Commodities Control Bureau)

       
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