By admin       2018-05-28

Cotton (29mm Gujarat) is trading at Rs 42,700 per candy (356 kg). Lack of timely canal water in Punjab and Haryana could impact the final cotton acreage in the region. A weak rupee, good exports of raw cotton as well as cotton yarn, and bullish global cues could result in higher prices in the Indian market. Expect prices to rise to around Rs 43,200 per candy in the next couple of weeks.

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