Cotton price at Indian market remained unmoved

YarnsandFibers News Bureau 2014-02-03 23:00:00 – Rajkot

Cotton price remained unmoved as a result of normal export and domestic demand. Kapas or raw cotton also traded flat. About 60,000-62,000 bales of cotton arrived in Gujarat and 2 lakh bales arrived across the country.

Gujarat Sankar-6 cotton was quoted at Rs.46,600-46,700 for a candy of 356 kg. Kapas was traded at Rs.1,050-1,085 for a maund of 20 kg and gin delivery kapas stood on Rs.1,085-1,100 a maund in Rajkot.

On the National Commodity and Derivatives Exchange, kapas April contract increased by Rs.4 to Rs.980.50 a maund, with an open interest of 18,037 lots.

As per Rajkot-based cotton broker, buyers were buying hand-to-mouth which kept the demand normal, though there was some export inquiries. Demand is likely to move up in the coming days.

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello