Cotton Prices Steady for Third Consecutive Session in A.P-Telangana

Mumbai (Commodities Control) - Cotton prices have been stable for the third straight session in a row in Andhra Pradesh-Telangana mandis on Wednesday, due to weak mill buying, while daily arrivals have dulled too. Traders note that weather is clear in most of the producing regions.

Telangana witnessed cotton arrivals of 40,000 bales vs 45,000 bales and Andhra registered arrivals of 13,000 bales vs 15,000 bales in the last session.

Cotton Quotes (Per Quintal)

Kapas -Rs 4,800- 5,650

CCI Telangana Purchase Rate- Rs 5,750-5,825

Cottonseed (Telangana) - Rs 2,100 - 2,550

Cottonseed (A.P) - Rs 2,050- 2,600

Mandi-wise Cotton Quotes (Per Candy)

Guntur 74/75 RD - Rs 41,300-42,600

Guntur (70 RD) - Rs. 39,000 - 39,300

Guntur 68 RD - Rs 38,500

Adoni (29+mm) - Rs 41,800- 42,300

Bhainsa (28-29mm)- Rs.40,700-42,200

Adilabad (29+mm) - Rs 41,700-42,400

Warangal (29-30mm) - Rs. 41,700 - 42,500

Lower RD 67/70 - Rs 37,200-39,200

(Commodities Control Bureau)