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Cotton Prices Stable In Lower Rajasthan

14 Jan 2020 2:15 pm
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MUMBAI (Commoditiescontrol) - Cotton prices ruled steady at major markets in lower Rajasthan on Tuesday amid very limited trading activities as Makar Sankranti is being celebrated in the state today.

Arrivals today stood unchanged at around 4,000 bales.

The price of 28-29 MM cotton in Marwar and Mewar offered unchanged at Rs 38,800-40,000 and Rs 38,000-39,500/candy, respectively. The price of 29-29.5MM in Alwar also ruled stable at Rs 39,500-39,700/maund.

Kapas here traded at Rs 5,000-6,000 per quintal. While cotton seed quoted at Rs 2,600-2,800/quintal. Cotton seed oil cake on the other hand traded at Rs 2,450-2,550 per quintal.

According to traders, both buying and selling activities remained dull in the market today due to Makar Sankranti.

SPOT COTTON PRICE IN LOWER RAJASTHAN
MARKET/VARIETY UNIT 14-Jan 13-Jan AVERAGE %Change US cent/lb
14-Jan 13-Jan ABS CHANGE*
Lower Rajasthan-Marwad Line 28-29 mm (MIC 3.0-3.8) Rs/Candy 38800-40000 38800-40000 39400 39400 0 0.0 69.85-71.99
Lower Rajasthan-Mewad Line 28-29mm (MIC 3.0-3.8) Rs/Candy 38000-39500 38000-39500 38750 38750 0 0.0 68.41-71.09
Lower Rajasthan-Khairthal Line 29-29.5 mm (MIC 3.8- 4.2) Rs/Candy 39500-39700 39500-39700 39600 39600 0 0.0 71.11-71.45
Note: USD/INR= Rs 70.87
Note: 1 candy = 356kg | 1 maund = 37.3kg | 1 Bales= 170 kg
*Average Change is the difference between average price of current date vs previous date



       
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