Karnataka Cotton Holds Steady for Third Straight Session; Daily Arrivals Stagnant

Mumbai (Commodities Control) - Karnataka Cotton prices were quoted steady for the third consecutive session due to weak demand from yarn millers, while daily arrivals were poised. Traders reveal that the weather continues to be clear in the producing regions.Experts see daily arrivals rising, as Cotton Corp’s procurement will pick pace going ahead. However daily cotton arrivals were registered at 15,000 bales, similar to that 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)