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Karnataka Cotton Prices Extend Weakness on Third Straight Session This Week amid Weak Demand

2 Dec 2020 2:53 pm
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Mumbai (Commodities Control) -Karnataka Cotton prices continue to be weak on Wednesday amid weak mill buying, while daily arrivals rise. The fibre was quoted Rs 100 per Candy lower in the last session and dropped Rs 200-300 Per Candy on Monday.

Experts see daily arrivals rising, as the weather conditions improve ahead. Daily cotton arrivals were registered at 15,000 bales vs 13,000 bales in the last session.

Karnataka Quotes (Per Quintal)

Kapas - Rs 4,700-5,700

Cottonseed - Rs 2,275-2,450

Mandi-wise Cotton Quotes (Per Candy)

29-29.5 mm - Rs 41,000-300

30mm - Rs. 41,700-42,000

DCH 33/35 mm- Rs 54,500-57,500

DCH Kapas - Rs 5,800 -6,800

(Commodities Control Bureau)

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