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G. Gurumurthy

Coimbatore , July 24

COTTON Corporation of India (CCI) has procured 2,400 quintals of seeded cotton from the growers in Tamil Nadu under its minimum support price (MSP) operation in the last one month.

Bulk of this quantity came from its purchases from the Tamil Nadu's delta region as the CCI purchase centre operating at Kumbakonam alone has accounted for a quantity of 2,250 quintals of kapas cotton bought, according to the CCI sources here.

Besides the Kumbakonam purchase centre, the CCI has also opened two other purchase centres in the State at Rajapalayam and Paramakudi.

Among the varieties procured at these centres are Bunny, LRA, NHH and MCU-5.

The sources said with the entry of CCI in the market, the kapas procurement price had improved across the State for the summer crop, with the average per quintal price crossing the Rs 2,000/2010-band at some primary cotton market centres such as Villupuram.

The MSP quotes for the Bunny, LRA and NHH (equivalent grade to MCU-5) reported in these centres were Rs 1,884, Rs 1,683/Rs 1,734 and Rs 1,570 per quintal.

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