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Maharashtra Cotton Prices Hold Steady amid Restricted Demand, Increased Arrivals

2 Dec 2020 2:46 pm
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Mumbai (Commodities Control) - Maharashtra cotton prices hold steady amid rise in daily arrivals, while mill buying was restricted on Wednesday.Traders confirm ongoing CCI procurement, however demand from exporters along with private millers and stockists has reduced due to weakness in global cotton.


On Wednesday, daily cotton arrivals were registered at 68,000 bales vs 55,000 bales in the last session. Traders confirm that for the new cotton season starting October 1 2020, nearly -10 Lakh bales of cotton export deals have already taken place.


Maharashtra Cotton Quotes (Per Quintal)

Kapas - Rs 4,600-5,500

Cottonseed - Rs 2,300-2,550

Mandi-wise Cotton Quotes (Per Candy)

New Cotton RD 75+ - Rs 42,300- 42,500

Nagpur/Yavatmal Line RD 75 - Rs. 41,400 - 41,600

RD 74 - Rs 40,500- 40,800

29mm RD 75 - Rs 41,000-41,300

RD 74 - Rs 40,300-40,800

RD 74/75 Jalgaon/Khandesh - Rs 40,900- 41,200

RD 75 Akola/Marathwada - Rs 40,600-40,900

28.5 mm - Rs 39,800 - 40,000

Lower RD 62/71 - Rs 34,000 - 37,500



(Commodities Control Bureau)




       
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