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Spot Cotton Rates Weak in North India, Steady in South Indian Cotton Mandis

23 Jan 2021 2:37 pm
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Mumbai Commodities Control - Spot cotton rates mostly weak-to-steady across major cotton markets in the country on Saturday.

Whilst cotton rates dropped across North Indian cotton markets along with Lower Rajasthan and Gujarat, the fibre witnessed steadiness in prices in the mandis of M.P, Maharashtra and in South Indian mandis as well.

SPOT COTTON PRICES IN MAJOR INDIAN MARKETS
MARKET/VARIETY UNIT 23/Jan 22/Jan AVERAGE %Change US cent/lb
23/Jan 22/Jan ABS CHANGE*
Punjab J-34 (RG) 27-28.5MM (MIC 4.00-4.7) Rs/maund 4440-4480 4470-4510 4,460 4,490 -30 -0.7 73.92-74.59
Haryana J-34 (RG) 27-28 (MIC 4+) Rs/maund 4420-4460 4460-4500 4,440 4,480 -40 -0.9 73.59-74.25
Rajasthan J-34 (RG) 26.5-28mm (MIC 4.00-4.5) Rs/maund 4440-4480 4490-4525 4,460 4,508 -48 -1.1 73.92-74.59
Lower Rajasthan-Marwad Line 28-29 mm (MIC 3.0-3.8) Rs/Candy 41700-42800 41800-43000 42,250 42,400 -150 -0.4 72.88-74.78
Lower Rajasthan-Mewad Line 28-29mm (MIC 3.0-3.8) Rs/Candy 41200-42700 41300-42800 41,950 42,050 -100 -0.2 72-74.61
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 42400-43100 42500-43100 42,750 42,800 -50 -0.1 74.1-75.31
Gujarat S-6 A Grade (29mm) (3.8-4.00 MIC) Rs/Candy 43500-43800 43700-44100 43,650 43,900 -250 -0.6 76.02-76.53
Gujarat S-6 B Grade (28.5 mm) (3.5-3.7 MIC) Rs/Candy 42900-43300 43200-43600 43,100 43,400 -300 -0.7 74.97-75.66
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 29300-29500 29500-29800 29,400 29,650 -250 -0.8 51.21-51.54
Gujarat V797 B Grade Rs/Candy 28300-28700 28300-28700 28,500 28,500 0 0.0 49.46-50.15
MH 30mm Nagpur Line (3.8-4.2 MIC) Rs/Candy 44800-45100 44800-45100 44,950 44,950 0 0.0 78.29-78.8
MH 29mm+ (3.8-4.00 MIC) Nagpur Line Rs/Candy 43000-43600 43100-43700 43,300 43,400 -100 -0.2 75.15-76.18
MH 29mm+ Jalgaon Line (3.6-3.7 MIC) Rs/Candy 43600-43700 43600-43700 43,650 43,650 0 0.0 76.2-76.36
MH 29mm Akola/Marathwada Line (3.5-3.7 MIC) Rs/Candy 43500-43900 43500-43900 43,700 43,700 0 0.0 76.02-76.71
MH 28.5mm Akola/Marathwada Line (3.5-3.7 MIC) Rs/Candy 42500-43000 42500-42700 42,750 42,600 150 0.4 74.28-75.13
MH 28mm Akola/Marathwada Line (MIC 3.6) Rs/Candy 42000-42100 41900-42000 42,050 41,950 100 0.2 73.4-73.56
MP-MECH 29mm+ (3.7-3.8 MIC) Rs/Candy 43700-44300 43700-44300 44,000 44,000 0 0.0 76.37-77.4
MP-MECH B Grade Rs/Candy 43000-43500 43000-43500 43,250 43,250 0 0.0 75.15-76.01
MP-MECH C Grade Rs/Candy 42300-42700 42400-42800 42,500 42,600 -100 -0.2 73.93-74.61
MP Fardar Grade Rs/Candy 40500-41700 40500-41700 41,100 41,100 0 0.0 70.78-72.86
MP-DCH 35mm+ Rs/Candy 65000-68000 65000-68000 66,500 66,500 0 0.0 113.6-118.81
Telangana - Bhainsa 29.5mm (MIC 3.8-4.1) Rs/Candy 42900-43900 42900-43900 43,400 43,400 0 0.0 74.97-76.71
Telangana - Bhainsa 29mm (MIC 3.5-3.8) Rs/Candy 42500-42800 42500-42800 42,650 42,650 0 0.0 74.28-74.78
Telangana - Warangal (29.5-30mm) (MIC 3.7+) Rs/Candy 44300-45000 44300-45000 44,650 44,650 0 0.0 77.42-78.63
Telangana - Warangal 29mm+ Rs/Candy 43500-44000 43500-44000 43,750 43,750 0 0.0 76.02-76.88
AP - Guntur A Grade (30-31mm) (MIC 4.2 -4.6) Rs/Candy 44000-44500 44000-44500 44,250 44,250 0 0.0 76.9-77.75
Karnataka 29mm (MIC 3.8-4.0) Rs/Candy 44000-44500 44000-44500 44,250 44,250 0 0.0 76.9-77.75
Karnataka DCH Rs/Candy 62500-66800 62500-66800 64,650 64,650 0 0.0 109.23-116.72
Note: USD/INR= Rs 73
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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