By admin       2016-09-07

Cotton prices remained steady on weak demand and higher prices. Moreover, the new crop will start arriving in the market soon so buyers are waiting for a dip in price.Gujarat Sankar-6 traded at &8377;44,000 per candy of 356 kg. About 1,500 bales (of 170 kg each) arrived in India and 400 bales arrived in Gujarat. Cotton prices were down by almost &8377;6,000 per candy in the last ten days.Kapas or raw cotton traded flat on weak ginning demand. Kapas stood at &8377;1,130-1,150 per 20 kg and gin delivery kapas was at &8377;1,160-1,180 per 20 kg.

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