Cotton price moved up on the back of demand from spinning mills. Limited arrival also supported the price higher.
According to traders, prices may gain further in the near future.
Gujarat Sankar-6 cotton increased Rs 200 to Rs 38,100-38,200 a candy of 356 kg, for South mills cotton stood at Rs 38,700-38,800.
V 797 cotton A grade was offered at Rs 27,300-27,800.
Cotton ready delivery was quoted at Rs 4,100-4,200 a quintal in Punjab, Rs 4,020-4,045 in Haryana and Rs 4,040-4,060 in Rajasthan.
About 10,000 bales (170 kg) of cotton arrived in Gujarat and 32,000 bales arrived across the country.
Kapas or raw cotton traded higher by Rs 5-7 at Rs 950-1,000 for 20 kg.
A broker said that domestic mills are covering the stock for the end of the season time as supply is very thin.
Traders said that tight local supply position may continue to support prices in coming days.