Mumbai (Commodities Control) - Karnataka cotton prices were steady on Thursday amid restricted demand from yarn millers and stockists along with domestic futures, while daily arrivals dropped.
It is to be noted that domestic futures prices recovered tracking global cotton prices. MCX cotton active contract is 0.43% lower at Rs 21,250.
Daily cotton arrivals on Thursday were registered at 8,000 bales vs 10,000 bales in the last session.
Karnataka Quotes (Per Quintal)
Kapas - Rs 5,200-6,100
Cottonseed - Rs 2,300-2,600
Mandi-wise Cotton Quotes (Per Candy)
29-29.5 mm - Rs 43,700 -44,200
30/31mm - Rs. 44,600-45,200
DCH 32 BLS 33/34mm- Rs 62,500-66,500
(Commodities Control Bureau)
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