Mumbai (Commodities Control) - Cotton prices have been stable for the fourth straight session in a row in Andhra Pradesh-Telangana mandis on Thursday, due to weak mill buying. Andhra Pradesh has been witnessing since last night due to which the state mandis witnessed heavy decline in cotton arrivals.
Telangana witnessed cotton arrivals of 40,000 bales, similar to last session, while Andhra registered arrivals of 3,000 bales vs 13,000 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 2,200 - 2,500
Cottonseed (A.P) - Rs 2,250- 2,600
Mandi-wise Cotton Quotes (Per Candy)
30mm Guntur 74/75 RD - Rs 42,000-42,500
29mm Guntur (74/75 RD) - Rs. 41,300 - 41,800
Guntur 68 RD - Rs 38,500
Adoni (29+mm) - Rs 41,200- 42,000
Bhainsa (28-29mm)- Rs.40,700-42,200
Adilabad (29+mm) - Rs 41,200-41,800
Warangal (29-30mm) - Rs. 41,500 - 42,500
(Commodities Control Bureau)