Comments
Cotton prices moved up on scarcity of quality fibre in the market. Moreover, fresh demand from domestic mills supported the upside in price. Gujarat Sankar-6 cotton increased by ₹200 to ₹36,500-37,000 per candy of 356 kg.
Average quality cotton traded at ₹35,000-36,000. About 10,000 bales of 170 kg each arrived in Gujarat and 35,000 bales arrived in India. Kapas or raw cotton moved up on tight supply. Kapas gained by ₹10-15 to ₹980-1,035 per 20 kg and gin delivery kapas quoted ₹1,050-1,065. Cottonseed gained ₹10 to ₹500-540.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.