Rajasthan Cotton Prices Tank Rs 500 Due to Weak Demand from Mills; Farmer Arrivals Reduced

Mumbai (Commodities Control) - Rajasthan Cotton prices were quoted Rs 400-500 per Candy lower due to weak millers’ demand, while arrivals have reduced. Traders note that farmers are holding back, as farmers want to sell their stocks at higher rates.

Traders note that arrivals are seen rising due to favourable weather conditions. Meanwhile, market arrivals were reported at 8,000 bales vs 10,000 bales in the last session.

Rajasthan Kapas Quotes

Kapas -- Rs 5,400-5,9000/Q

Cottonseed-- Rs 2,600-2,800/Q

Mandi-Wise Cotton Quotes (Per Candy)

Marwad (28-28.5 mm) - Rs.40,000-41,000

Mewad (27-28.5mm) - Rs.38,500-41,000

Alwar/Khairthal/Bahroud (29mm) - Rs. 40,400 - 40,700

Alwar/Khairthal Kapas - Rs 4,260-4,300

Pilani/SurajGarh 29 mm - Rs 41,200 - 41,400

Comber Noil - Rs 85-89/Kg

Flat - Rs 61- 69/Kg

(Commodities Control Bureau)