Spot prices of cotton at Erode markets decreased despite low arrival. “Only 280 quintals of cotton (767 bags) arrived for sale in the Bhoodapady Regulated Market Committee. Usual buyers from various places in Tamil Nadu attended and quoted decreased price for Bt cotton and procured all the stocks,” said a spokesperson of the RMC. The Bt cotton fetched ₹5,200. In Sathyamangalam and Anthiyur also the Bt cotton was sold at ₹5,100 a quintal.
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