Login ID:
Password:
Partner Login
Contact Us : 7066511911

A.P - Telangana Cotton Prices Steady amid Increased Arrivals, Restricted Demand

18 Jan 2021 4:59 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities Control) - Cotton prices have been steady for the third straight session on Monday, due to restricted demand from private yarn millers and stockists at Andhra Pradesh and Telangana mandis, while daily arrivals improved in Andhra and Telangana mandis.


According to the traders, ICE cotton futures ended in green in the previous week, however on Friday the fibre crumbled under the weight of the firm dollar index. Having said so, fundamentals are in favour of price rise in global cotton which will eventually aid the rally in domestic prices.


Meanwhile on Monday, Andhra Pradesh cotton mandis reported arrivals of 8,000 bales vs 2,000 bales and Telangana mandis reported arrivals of 30,000 bales vs 10,000 bales in the last session.

Cotton Quotes (Per Quintal)

Kapas -Rs 4,800- 6,000

CCI Telangana Purchase Rate- Rs 5,550-5,800

Cottonseed (Telangana) - Rs 2,200 - 2,450

Cottonseed (A.P) - Rs 2,250- 2,550

Mandi-wise Cotton Quotes (Per Candy)

30mm Guntur 74/75 RD - Rs 44,000-45,000

29mm Guntur (74/75 RD) - Rs. 43,300 - 44,000

28/29mm Bhainsa - Rs 42,000-44,000

Adilabad (29mm) - Rs 43,200-44,300

Warangal (29.5-30mm) - Rs. 43,700 - 44,500


(Commodities Control Bureau)




N       
  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
ICE Cotton Settles with Triple Digit Losses on Demand C...
Spot Cotton Rates Slipped Marginally in North India; St...
A.P - Telangana Cotton Prices Extend Steady Trade amid ...
Karnataka Cotton Prices Flat for Third Straight Day ami...
Lower Rajasthan Cotton Prices Unch amid Restricted Dema...
more
Top 5 News
IMD sees Pre-Monsoon Showers Soon for South, Plains of ...
ICE Cotton Settles with Triple Digit Losses on Demand C...
Higher Indian Sugar Output, Weaker Real Weighs on ICE R...
Chana Traded Mixed in Major Spot Mkts
Traders Were Cautious Despite Gains In Guar, Gum, Dispa...
Top 5 Special Reports
Weekly: Chana-Masoor Prices Gain Most This Week, Urad-...
Weekly: ICE Cotton Suffers First Weekly Drop in Februar...
Weekly: Bullish Factors Intact in NY Sugar as Fund Buyi...
Pulses Special: Government Procurement Key to Price Ral...
Weekly: NY Cotton Extends Upward Rally, Finishes Above...
Copyright © CC Commodity Info Services LLP. All rights reserved.