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Gujarat Cotton Rises Rs 300 Amid Demand from Local-Outstation Mills

1 Aug 2020 3:18 pm
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Mumbai (commodities control) - Gujarat cotton Prices upped Rs 200-300 tracking firmness in Desawari cotton mandis and mill buying in Gujarat mandis.

Cotton arrivals of 6000 bales were registered in the state mandis. Kapas was quoted at Rs 4000-4500. Cottonseed was quoted at Rs 2250-2375/quintal, While cottonseed oilcake traded at Rs 2170-2500/quintal.

29 mm Sankar-6 cotton was quoted Rs 300  at Rs 33,800-34,300 and 28.5+mm cotton was priced at Rs 33,000-33,200 per candy. While 28 mm was priced at Rs 32,000-32,400 per candy.

Traders reveal that some demand was witnessed from South Indian and some local mills. Prices were additionally supported today due to no auctions by CCI. The agency is yet to make announcements for August sales scheme.

(Commodities Control Bureau)


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