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Cotton Prices Firm in A.P-Telangana amid Mill Buying, MNCs Demand While Arrivals Dropped in Telangana

21 Jan 2021 4:24 pm
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Mumbai (Commodities Control) - Cotton prices have been firm due to demand from private yarn millers and MNCs at Andhra Pradesh and Telangana mandis, while daily arrivals dropped in Andhra, but steadied in Telangana mandis.Traders expect robust demand for Indian cotton due to better price parity amid firm global cotton rates.

Meanwhile on Wednesday, Andhra Pradesh cotton mandis reported arrivals of 8,000 bales vs 9000 bales and Telangana mandis reported arrivals of 25,000 bales, unchanged from the last session.

Cotton Quotes (Per Quintal)

Kapas -Rs 4,800- 6,100

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

Cottonseed (Telangana) - Rs 2,200 - 2,500

Cottonseed (A.P) - Rs 2,250- 2,600

Mandi-wise Cotton Quotes (Per Candy)

30mm Guntur 74/75 RD - Rs 44,000-45,300

29mm Guntur (74/75 RD) - Rs. 43,300 - 44,100

28/29mm Bhainsa - Rs 42,000-44,300

Adilabad (29mm) - Rs 43,500-44,500

Warangal (29.5-30mm) - Rs. 43,800 - 44,700

(Commodities Control Bureau)

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