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Cotton prices declined as overall demand was dull on Monday. Kapas or raw cotton also traded weak as buying by ginners decreased. Traders said that export demand has continually decreased this month which pressurised the price. Gujarat Sankar-6 lost ₹300 at ₹30,000-500 per candy of 356 kg. About 50,000-52,000 bales (of 170 kg) arrived in Gujarat and 2 lakh bales arrived across the country. Kapas decreased ₹10 to ₹770-800 for a maund of 20 kg and gin delivery kapas stood at ₹800-810. Cotton seed was down by ₹5 to ₹360-370.
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