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Spot Cotton Rates Slipped Marginally in North India; Steady Elsewhere

3 Mar 2021 5:53 pm
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Mumbai (Commodities Control) - Cotton rates in India held steady amid reduced demand from millers, stockists and MNCs due to elevated rates, while dailly arrivals were weak-to-steady.

In North India alone, cotton rates fell by Rs 3-10 per Maund tracking drop in international cotton rates.

SPOT COTTON PRICES IN MAJOR INDIAN MARKETS
MARKET/VARIETY UNIT 3/Mar 2/Mar AVERAGE %Change US cent/lb
3/Mar 2/Mar ABS CHANGE*
Punjab J-34 (RG) 27-28.5MM (MIC 4.00-4.7) Rs/maund 4620-4700 4630-4700 4,660 4,665 -5 -0.1 76.78-78.11
Haryana J-34 (RG) 27-28 (MIC 4+) Rs/maund 4550-4610 4545-4620 4,580 4,583 -3 -0.1 75.62-76.61
Rajasthan J-34 (RG) 26.5-28mm (MIC 4.00-4.5) Rs/maund 4690-4730 4700-4740 4,710 4,720 -10 -0.2 77.94-78.61
Lower Rajasthan-Marwad Line 28-29 mm (MIC 3.0-3.8) Rs/Candy 43500-45000 43500-45000 44,250 44,250 0 0.0 75.89-78.49
Lower Rajasthan-Mewad Line 28-29mm (MIC 3.0-3.8) Rs/Candy 43000-44700 43000-44700 43,850 43,850 0 0.0 75.02-77.96
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 44400-45000 44400-45000 44,700 44,700 0 0.0 77.46-78.49
Gujarat S-6 A Grade (29mm) (3.8-4.00 MIC) Rs/Candy 46100-46600 46100-46600 46,350 46,350 0 0.0 80.42-81.28
Gujarat S-6 B Grade (28.5 mm) (3.5-3.7 MIC) Rs/Candy 45600-46000 45600-46000 45,800 45,800 0 0.0 79.55-80.23
Gujarat S-6 C Grade (28 mm) (3.2-3.5 MIC) Rs/Candy 45000-45500 45000-45500 45,250 45,250 0 0.0 78.5-79.36
Gujarat V797 A Grade 22-24mm Rs/Candy 33700-34000 33700-34000 33,850 33,850 0 0.0 58.79-59.3
Gujarat V797 B Grade Rs/Candy 32500-32800 32500-32800 32,650 32,650 0 0.0 56.7-57.21
MH 30mm Nagpur Line (3.8-4.2 MIC) Rs/Candy 46500-46900 46500-46900 46,700 46,700 0 0.0 81.12-81.8
MH 29mm+ (3.8-4.00 MIC) Nagpur Line Rs/Candy 44700-45300 44700-45300 45,000 45,000 0 0.0 77.98-79.01
MH 29mm+ Jalgaon Line (3.6-3.7 MIC) Rs/Candy 44900-45200 44900-45200 45,050 45,050 0 0.0 78.33-78.84
MH 29mm Akola/Marathwada Line (3.5-3.7 MIC) Rs/Candy 45200-45600 45200-45600 45,400 45,400 0 0.0 78.85-79.53
MH 28.5mm Akola/Marathwada Line (3.5-3.7 MIC) Rs/Candy 42800-43900 42800-43900 43,350 43,350 0 0.0 74.67-76.57
MH 28mm Akola/Marathwada Line (MIC 3.6) Rs/Candy 41900-42200 41900-42200 42,050 42,050 0 0.0 73.1-73.6
MP-MECH 29mm+ (3.7-3.8 MIC) Rs/Candy 45500-46000 45500-46000 45,750 45,750 0 0.0 79.38-80.23
MP-MECH B Grade Rs/Candy 45000-45400 45000-45400 45,200 45,200 0 0.0 78.5-79.19
MP-MECH C Grade Rs/Candy 44000-44600 44000-44600 44,300 44,300 0 0.0 76.76-77.79
MP Fardar Grade Rs/Candy 41400-42500 41400-42500 41,950 41,950 0 0.0 72.22-74.13
MP-DCH 35mm+ Rs/Candy 68500-71500 68500-71500 70,000 70,000 0 0.0 119.5-124.71
Telangana - Bhainsa 29.5mm (MIC 3.8-4.1) Rs/Candy 44100-44700 44100-44700 44,400 44,400 0 0.0 76.93-77.96
Telangana - Bhainsa 29mm (MIC 3.5-3.8) Rs/Candy 43800-44000 43800-44000 43,900 43,900 0 0.0 76.41-76.74
Telangana - Warangal (29.5-30mm) (MIC 3.7+) Rs/Candy 46500-47200 46500-47200 46,850 46,850 0 0.0 81.12-82.32
Telangana - Warangal 29mm+ Rs/Candy 45200-45500 45200-45500 45,350 45,350 0 0.0 78.85-79.36
AP - Guntur A Grade (30-31mm) (MIC 4.2 -4.6) Rs/Candy 46000-46500 46000-46500 46,250 46,250 0 0.0 80.25-81.1
Karnataka 29mm (MIC 3.8-4.0) Rs/Candy 46000-46700 46000-46700 46,350 46,350 0 0.0 80.25-81.45
Karnataka DCH Rs/Candy 68500-71500 68500-71500 70,000 70,000 0 0.0 119.5-124.71
Note: USD/INR= Rs 73.13
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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