Login ID:
Password:
Partner Login
Contact Us : 7066511911

Gujarat Cotton Slips Rs 400 Amid Weak Demand Cues

22 May 2020 5:42 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities Control) – Cotton prices in Gujarat declined Rs 300-400 amid lukewarm demand from millers and weak signals from domestic and international markets.

Amid arrivals of 15,000 bales, kapas was quoted at Rs 4750-4900, cottonseed was priced at Rs 2500-2600 and cottonseed cake traded at Rs 2185-2540/Quintal.

Sankar-6 29 mm variety was quoted at Rs 32,500-32,800 and 28.5+mm traded in the range of Rs 31,800-32,300/Candy. While 28mm was quoted at Rs 30,300-30,800/Candy.

According to the traders, demand concerns are weighing upon international markets, as ICE cotton prices slipped below 57.50 cents per lb.

(Commodities Control Bureau)


       
  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 :  
   

Top | Post Comment  

Latest Market Commentary
Maharashtra Cotton Prices Quoted Unchanged
M.P. Cotton Prices Unchanged Amid Weak Demand, Steady A...
Cotton Prices Weaken In Gujarat
Cotton Prices Steady As Rains Disturb Trade In Lower Ra...
North India: Cotton Steady Amid Dull Trade
more
Top 5 News
Maharashtra Cotton Prices Quoted Unchanged
M.P. Cotton Prices Unchanged Amid Weak Demand, Steady A...
Cotton Prices Weaken In Gujarat
Cotton Prices Steady As Rains Disturb Trade In Lower Ra...
North India: Cotton Steady Amid Dull Trade
Top 5 Special Reports
Weekly: ICE Raw Sugar Ends Nearly Flat Aided By Strong...
USD/INR (Jun. 20) Consolidating in a Multi-Week Rang...
USD/INR (Jun. 20) Consolidating in a Multi-Week Rang...
USD/INR (May 20) Consolidating in a Multi-Week Range...
Cotton Yarn Prices Set To Slide About 9%; Buying Oppor...
Copyright © CC Commodity Info Services LLP. All rights reserved.