Cotton Prices Rise In India Due To Increased Demand For Textile Mills
Because India textile Increased demand for plants and procurement for export expectations, India Cotton price An increase of 200-300 rupees / candy.
A cotton trader living in Raj de code said the demand for textile mills was expanding, but because of the reduction in the number of goods arrived, the ginning of the ginning plants also decreased. In addition, the market expects export demand, so prices are pushed up. The market is likely to continue to strengthen this week.
India cotton
Gujarat Bong Sankar -6 Cotton price At 33000-33300 rupees / (356 kg) candy. Level B cotton The selling price is 32300-32500 rupees. The new V 797 cotton quotes 26500-27000 rupees / candy. On Monday, the total number of goods arrived in India was 25000 bales. The number of goods arrived in Gujarat is about 10000 packs.
Cotton field
In Maharashtra, the price of a low micron clone a cotton is quoted at 32300-32800 rupees / camdy, and the high clone value a cotton 29+ MM is quoted as 32700-33200/ candy. Punjab J-34 RG is quoted at 3510-3560 rupees / Mende. The price of Ruiyan state is 3430-3440 rupees, and Rajasthan offers 3440-3450 rupees / Mende.
Kapas prices also rose by 5 rupees -7 rupees to 800-830 rupees / 20 kilograms.
On the national commodity and derivatives exchange (NCDEX), the kapas 2013 contract rose 30 rupees to 1038.50 rupees / Meng De, and the April 2013 contract rose 15.50 rupees to 1024 rupees.
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