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Spot Cotton Rates Rise Across Major Cotton Mandis, Barring Lower Rajasthan & Karnataka

21 Jan 2021 3:28 pm
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Mumbai Commodities Control - Spot cotton rates rise across major cotton markets in India tracking price rally on the global front along with improved mill buying and stockists' demand.

North Indian cotton rates moved up by Rs 5-10 per Maund, while prices were steady in Lower Rajasthan.

In Gujarat and Maharashtra, the fibre managed to gain Rs 100 and went as high as Rs 500 for a variety.

Barring Karnataka where cotton prices were stable, A.P-Telangana witnessed price rise of Rs 200-300 across diffrent cotton varieties.

SPOT COTTON PRICES IN MAJOR INDIAN MARKETS
MARKET/VARIETY UNIT 21/Jan 20/Jan AVERAGE %Change US cent/lb
21/Jan 20/Jan ABS CHANGE*
Punjab J-34 (RG) 27-28.5MM (MIC 4.00-4.7) Rs/maund 4440-4480 4430-4470 4,460 4,450 10 0.2 73.94-74.61
Haryana J-34 (RG) 27-28 (MIC 4+) Rs/maund 4420-4460 4410-4450 4,440 4,430 10 0.2 73.61-74.27
Rajasthan J-34 (RG) 26.5-28mm (MIC 4.00-4.5) Rs/maund 4440-4480 4440-4470 4,460 4,455 5 0.1 73.94-74.61
Lower Rajasthan-Marwad Line 28-29 mm (MIC 3.0-3.8) Rs/Candy 41500-42800 41500-42800 42,150 42,150 0 0.0 72.55-74.8
Lower Rajasthan-Mewad Line 28-29mm (MIC 3.0-3.8) Rs/Candy 41000-42500 41000-42500 41,750 41,750 0 0.0 71.67-74.28
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 42200-42800 42200-42700 42,500 42,450 50 0.1 73.77-74.8
Gujarat S-6 A Grade (29mm) (3.8-4.00 MIC) Rs/Candy 43500-43800 43400-43700 43,650 43,550 100 0.2 76.04-76.55
Gujarat S-6 B Grade (28.5 mm) (3.5-3.7 MIC) Rs/Candy 43000-43300 42900-43200 43,150 43,050 100 0.2 75.17-75.68
Gujarat S-6 C Grade (28 mm) (3.2-3.5 MIC) Rs/Candy 0-0 0-0 - - 0 #DIV/0! 0-0
Gujarat V797 A Grade 22-24mm Rs/Candy 29400-29600 28900-29200 29,500 29,050 450 1.5 51.4-51.73
Gujarat V797 B Grade Rs/Candy 28000-28500 27500-28000 28,250 27,750 500 1.8 48.95-49.81
MH 30mm Nagpur Line (3.8-4.2 MIC) Rs/Candy 44500-44800 44400-44800 44,650 44,600 50 0.1 77.79-78.3
MH 29mm+ (3.8-4.00 MIC) Nagpur Line Rs/Candy 42800-43400 42700-43300 43,100 43,000 100 0.2 74.82-75.85
MH 29mm+ Jalgaon Line (3.6-3.7 MIC) Rs/Candy 43300-43500 43200-43400 43,400 43,300 100 0.2 75.69-76.03
MH 29mm Akola/Marathwada Line (3.5-3.7 MIC) Rs/Candy 43300-43700 43200-43600 43,500 43,400 100 0.2 75.69-76.38
MH 28.5mm Akola/Marathwada Line (3.5-3.7 MIC) Rs/Candy 41700-42300 41600-42200 42,000 41,900 100 0.2 72.9-73.93
MH 28mm Akola/Marathwada Line (MIC 3.6) Rs/Candy 41500-41600 41400-41500 41,550 41,450 100 0.2 72.55-72.71
MP-MECH 29mm+ (3.7-3.8 MIC) Rs/Candy 43500-44100 43500-44000 43,800 43,750 50 0.1 76.04-77.08
MP-MECH B Grade Rs/Candy 42900-43400 42800-43300 43,150 43,050 100 0.2 74.99-75.85
MP-MECH C Grade Rs/Candy 42300-42700 42200-42600 42,500 42,400 100 0.2 73.95-74.63
MP Fardar Grade Rs/Candy 40300-41500 40200-41500 40,900 40,850 50 0.1 70.45-72.53
MP-DCH 35mm+ Rs/Candy 65500-67500 64500-67000 66,500 65,750 750 1.1 114.5-117.97
Telangana - Bhainsa 29.5mm (MIC 3.8-4.1) Rs/Candy 42800-43800 42500-43500 43,300 43,000 300 0.7 74.82-76.55
Telangana - Bhainsa 29mm (MIC 3.5-3.8) Rs/Candy 42300-42800 42000-42500 42,550 42,250 300 0.7 73.95-74.8
Telangana - Warangal (29.5-30mm) (MIC 3.7+) Rs/Candy 43900-44700 43700-44500 44,300 44,100 200 0.5 76.74-78.12
Telangana - Warangal 29mm+ Rs/Candy 43300-43800 43000-43500 43,550 43,250 300 0.7 75.69-76.55
AP - Guntur A Grade (30-31mm) (MIC 4.2 -4.6) Rs/Candy 43800-44300 43700-44200 44,050 43,950 100 0.2 76.57-77.43
Karnataka 29mm (MIC 3.8-4.0) Rs/Candy 43700-44100 43700-44100 43,900 43,900 0 0.0 76.39-77.08
Karnataka DCH Rs/Candy 62500-66500 62500-66500 64,500 64,500 0 0.0 109.26-116.23
Note: USD/INR= Rs 72.98
Note: 1 candy = 355.62 kg | 1 maund = 37.3kg |MH - Maharashtra; MP - Madhya Pradesh; AP - Andhra Pradesh
*Average Change is the difference between average price of current date vs previous date

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