Login ID:
Password:
Partner Login
Contact Us : 7066511911

M.P. Cotton Prices Hold Steady amid Weak Stockists Sales, Reduced Arrivals

2 Dec 2020 1:59 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities Control) - Madhya Pradesh cotton prices were generally steady amid restricted sales by stockists at lower prices and weaker daily arrivals of cotton. The fibre was quoted Rs 200/Candy lower by last evening, in the state mandis.

Traders note that arrivals have declined recently. However arrivals are seen rising, as weather is generally clear in the producing region. Today market arrivals were reported at 18,000 bales vs 24,000 bales in the last session.Traders note that stockists' sales have declined amid low prices, which in turn has affected daily arrivals. However rising prices will eventually lead to improved arrivals.

M.P Cotton Quotes (Per Quintal)

Kapas - Rs 4,400-5,500

Cottonseed - Rs 2,250-2,500

CCI purchased kapas at the rate of Rs 5,425-5,725 per Quintal. CCI LRA is quoted at Rs 5,100-5,300 per Quintal.


Cotton Quotes (Per Candy)

New Cotton 29-29+mm RD 75 Variety - Rs.41,500-41,700

RD 74 Variety - Rs.40,200-40,600

RD 73 Variety - Rs 39,300 - 39,800

RD 72 Variety - Rs 38,800 - 39,000

RD 71 Variety - Rs 38,000 - 38,500

Lower RD 61/70 - Rs 34,000 - 37,800

DCH 34 mm - Rs 57,500- 58,000


(Commodities Control Bureau)




       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Branded Processed Pulses At Mumbai APMC Market- 16th Ja...
Tur-Urad Extend Rise in Delhi, M.P Masoor Eases
Chana Trades Unchanged in Delhi
Chana Eases in Selective Spot Mkts, Sowing Higher 3.49%...
Domestic Tur Move Higher in Selective Mkts, Burma Varie...
more
Top 5 News
Bearish Trend Continues In Guar Gum, Seed Despite Lower...
Spot Mustard Seed Prices Extend Losses As Bearish Trend...
A.P-Telangana Cotton Steady for Second Straight Session...
Sugar Dips In Delhi As Millers Reduce Prices, But Botto...
Spot Cotton Rates Weak-to-Steady Across Major Markets T...
Top 5 Special Reports
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
USD/INR (Jan 21) Weak Price Trend / Next Support at ...
USD/INR (Jan 21) Weak Price Trend / Next Support at ...
USD/INR (Jan 21) Weak Price Trend / Next Support at ...
Weekly: Moong-White Pea Edges Higher, Tur-Masoor Soften...
Copyright © CC Commodity Info Services LLP. All rights reserved.