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Cotton Prices Rise Rs 200 Per Candy in Karnataka amid Crop Damage Concerns

21 Oct 2020 4:28 pm
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Mumbai (Commodities Control) - Cotton prices upped in Karnataka for the third consecutive session today. The fibre upped by Rs 200 per Candy, while the prices were Rs 800-1,000 per candy higher in the previous session. On Monday, the fibre shot up Rs 500-600 per candy.

As per the traders, the incessant rains in the producing regions have affected crops, while bad weather forecasts continue to be an area of concern even now.


On Wednesday, cotton arrivals were reported at 5,000 bales vs 3,500 bales in the previous session.


Karnataka Quotes (Per Quintal)

Kapas - Rs 4,700-5,450

Cottonseed - Rs 2,100-2,400 (-100)

Oilseed cake - Rs 2,100-2,350

Mandi-wise Cotton Quotes (Per Candy)

Raichur (30mm) - Rs. 40,000-41,000

Raichur (29mm) - Rs 39,000-40,000

Raichur (31mm) - Rs 41,000- 42,000

Bellary (31mm) - Rs 41,500 - 42,000

Bellary (30+mm) - Rs. 41,000 - 41,400

Bellary (29-29+mm) - Rs 40,000 - 40,700

Bijapur (30mm) - Rs 40,200-41,200

Bijapur (29mm) - Rs 39,200-40,200

Bijapur (31mm) - Rs 41,200-42,200

(Commodities Control Bureau)





       
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