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Maharashtra Cotton Prices Crash Rs 300/Candy, Arrivals Fall Too

25 Nov 2020 2:42 pm
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Mumbai (Commodities Control) - Maharashtra cotton prices dipped Rs 200-300 per Candy tracking weakness in International cotton, while daily arrivals dropped. Having said so, prices are expected to rise in future, as demand for cotton is good from private yarn millers and exporters, increasing chances of price rise ahead.

Traders reveal weather conditions continue to be favourable in the producing regions, except for a few cloudy areas. Daily cotton arrivals were registered at 51,000 bales vs 57,000 bales in the last session.

Maharashtra Cotton Quotes (Per Quintal)

Kapas - Rs 4,600-5,700

Cottonseed - Rs 2,300-2,650

Mandi-wise Cotton Quotes (Per Candy)

New Cotton RD 77 - Rs 43,000- 43,200

Nagpur/Yavatmal Line RD 75 - Rs. 42,200 - 42,500

RD 74 - Rs 41,800- 42,000

RD 74/75 Jalgaon/Khandesh/Akola/Marathwada - Rs 41,600 -42,000

RD 73 - Rs 41,000- 41,500

RD 72 - Rs 40,300-40,500

29-29+mm - Rs 41,300 - 500

28.5mm - Rs 40,500 - 41,000

28mm - Rs 39,500 - 40,000

Lower RD 62/71 - Rs 34,500 - 38,300

(Commodities Control Bureau)

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