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Maharashtra Cotton prices Steady amid Weak Stockists' Sales at Lower Rates, While Arrivals Rise

26 Nov 2020 2:56 pm
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Mumbai (Commodities Control) - Maharashtra cotton prices were steady on Thursday due to weak stockists selling at lower price levels, while daily arrivals rose. The fibre dipped Rs 200-300 per Candy in the last session.

CCI procurement is expected to pick pace in Maharashtra, while international markets are seen heading higher. This will aid price rise in domestic markets too. Traders reveal that weather conditions continue to be favourable in the producing regions of Maharashtra, except for a few cloudy areas. Daily cotton arrivals were registered at 57,000 bales vs 51,000 bales in the last session.

Maharashtra Cotton Quotes (Per Quintal)

Kapas - Rs 4,600-5,650

Cottonseed - Rs 2,300-2,700

Mandi-wise Cotton Quotes (Per Candy)

New Cotton RD 77 - Rs 43,000- 43,400

Nagpur/Yavatmal Line RD 75 - Rs. 42,300 - 42,500

RD 74 - Rs 42,100- 42,200

29mm RD 75 - Rs 41,800-42,100

RD 74 - Rs 41,700-800

RD 74/75 Jalgaon/Khandesh/Akola/Marathwada - Rs 41,300 -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 - 40,800

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

(Commodities Control Bureau)

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