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M.P Cotton Prices Steady as Arrivals Stagnate

20 Oct 2020 4:37 pm
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Mumbai (Commodities Control) - Madhya Pradesh cotton prices were quoted steady on tuesday. According to the traders, prices shot up by Rs 1,000-1,100 on Monday. Last week the fibre rose by Rs 200-300 in Madhya Pradesh on Saturday.

Traders are hopeful of rise in arrivals in the coming days, as the weather conditions are clear. Market arrivals were reported at 7,000 bales, similar to that in the last session.

M.P Cotton Quotes (Per Quintal)

Kapas - Rs 4,000-5,400

Cottonseed - Rs 2,200-2,450
Cotton Quotes (Per Candy)

29 mm RD (73/75) 4.5 Variety - Rs.38,000-40,000

28/28.5 mm RD (61/70) 4.5 Variety - Rs.32,500-37,000

(Commodities Control Bureau)

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