Arrivals Weaken in Karnataka Mandis as Cotton Prices Unchanged for Second Consecutive Session

Mumbai (Commodities Control) - Karnataka Cotton prices were quoted steady for the second consecutive session due to weak demand from yarn millers, while daily arrivals reduced. Traders reveal that the weather continues to be clear in the producing regions, which will give rise to the new crop arrivals. However daily cotton arrivals were registered at 15,000 bales vs 17,000 bales in the last session. Karnataka Quotes (Per Quintal) Kapas - Rs 4,700-5,600 Cottonseed - Rs 2,200-2,575 Mandi-wise Cotton Quotes (Per Candy) 30mm - Rs. 42,200-42,500 29-29.5mm - Rs 41,500-41,800 DCH 33/35 mm- Rs 55,500-58,500 DCH Kapas - Rs 5,800 -6,850 (Commodities Control Bureau)