login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Cotton Prices Stable in Maharashtra; Daily Arrivals Increase

20 May 2024 1:44 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

New Delhi, May 20 (Commodities Control): Cotton prices remained stable in the markets of Maharashtra for the fourth consecutive trading day on Monday, driven by limited demand from spinning mills. Simultaneously, there was an increase in the daily arrivals of Kapas in the state’s mandis.

Today's voting for 13 Lok Sabha seats in Maharashtra has led to subdued business activities. Traders report that due to weak yarn offtake, spinning mills are purchasing cotton only as needed. Additionally, ginning mills are experiencing a disparity at the current cotton prices.

Although cotton prices have risen in today's electronic trading on the ICE, they have declined in the global market over the current month. Cottonseed prices remained stable along with Kapas in the state.

The arrival of Kapas in Maharashtra's producer markets today was reported at 17,000 bales, up from 15,000 bales on the previous trading day.



(By CommoditiesControl Bureau: +91-9820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
ICE Cotton Futures Rebound as Traders Cover Shorts Ahea...
ZCE Cotton And Yarn Evening Closing - 18 JUNE 2024
ICE/ZCE Daily Rates Update ( Time: 20:18 ) - 18 JUNE 20...
Cotton Arrival Up in Madhya Pradesh; Cotton Candy Price...
Cotton Prices in Karnataka Remain Stable; Daily Arrival...
more
Top 5 News
NCDEX Stock position of commodities at NCCL approved wa...
CBOT Soyoil Prices Climb Amid Tightened US Stocks and R...
Global equity/currency market update: Asian Shares Reac...
Rising Brazilian Sugar Production Pressures Global Pric...
ICE Cotton Futures Rebound as Traders Cover Shorts Ahea...
Top 5 Special Reports
Weekly: ICE Sugar Futures Revived By ISO's Global Defic...
Weekly: Cotton Prices Slide for Third Consecutive Week ...
India Plans Boost in Arhar and Urad Dal Production to T...
US soybean net sales for May 31-June 6 at 377,100 MT, u...
US cotton net export sales for May 31-June 6 at 177,100...
Copyright © CC Commodity Info Services LLP. All rights reserved.