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Poor demand depressed cotton prices which fell Rs 1,000-1,500 a candy of 356 kg.
Widespreak rain in Gujarat raised hopes of better sowing, adding to the drop and leading to expectations of a further fall in prices.
Sankar -6 variety sold at Rs 34,000-36,000 a candy and low-grade at Rs 28,000-30,000 a candy. Kalyan variety fetched Rs 19,000-23,000 a candy.
Raw cotton dropped by Rs 20-25 for a maund of 20 kg to Rs 800-830. While 5,000-7,000 bales arrived in Gujarat, 10,000 bales arrived in the rest of the country.
Cotton futures were down for the seventh day on Monday in the global markets, tumbling to an eight-month low even as concerns remain over a slowdown in Chinese demand, the world's largest cotton consumer.
Cotton for October delivery traded at $1.1279 a pound during European morning trade on ICE futures US, tumbling 3.17 per cent.
Though sowing of cotton is down nearly 20 lakh hectares (lh) at 44.62 lh until last week compared with the corresponding period a year ago, it is expected to pick up with monsoon covering cotton-growing areas in Andhra Pradesh, Gujarat and Maharashtra in the last 10 days.
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