Agri Business

Cotton blooms on tight supply

Our Correspondent Rajkot | Updated on January 23, 2018 Published on April 27, 2015

Cotton prices moved up on tight supply and expectation of demand from mills and exporters. Moreover, strong international price trend supported Indian cotton prices to go up. Traders said that nearly 80 per cent of the total production has arrived in the market. With this, demand from domestic mills and exporters may emerge in coming days. Gujarat Sankar-6 cotton was traded up by ₹500 to ₹34,800-35,000 per candy of 356 kg. About 17,000 bales of 170 kg arrived in Gujarat and 40,000 bales arrived in India. Kapas or raw cotton also moved up. Kapas gained ₹15-20 to ₹900-920 for a maund of 20 kg and gin delivery kapas was at ₹920-935.

Published on April 27, 2015
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