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Cotton remained unchanged at Rs 39,000-39,500 a candy of 356 kg as exporters and millers built up stocks before markets close for a week for Diwali.
Best-quality Sankar-6 remained unchanged at Rs 39,000-39,500 a candy. Average grade traded at Rs 35,000-38,000 a candy. The Kalyan variety sold at Rs 24,000-26,000 a candy. Kapas traded at Rs 935-960 for a maund of 20 kg.
While 25,000 bales of 170 kg each arrived in Gujarat, 70,000 bales arrived in rest of the country.
October contract was unchanged at Rs 18,840 a bale on Multi Commodity Exchange, while December contract was down by Rs 80 to Rs 18,150. Kapas for February delivery increased by Rs 3.40 to Rs 736.10 for a maund with an open interest of 143 lots, while declined by Rs 3.60 to Rs 731.40 for April delivery with an open interest of 8,012 lots on the National Commodity and Derivatives Exchange.
The industry is expecting 2.5 million bales will be exported by December.
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