Cotton rules flat on limited buying

Cotton price remained unchanged on limited demand from domestic mills and exporters. On the other side, kapas or raw cotton traded down on weak ginning demand. Gujarat Sankar -6 quoted ₹40,500-41,500 per candy of 365 kg. About 8,000 bales of 170 kg arrived in Gujarat of the all-India arrivals of 15,000 bales. Kapas declined by ₹10 to ₹1,080-1,160 per 20 kg and gin delivery kapas was stood at ₹ 1,170-1,200 per 20 kg. Cottonseed traded at ₹550-600 per 20 kg.