India Exporters Demand Less Cotton Prices Stabilize
Monday,
Cotton prices in India
To maintain stability, export demand is still lower than expected.
At present,
Textile factories in southern India
Procurement according to needs
cotton
。
Monday, Gujarat Bong Sankar - 6 varieties
Cotton trade
The price is 42700-43000 rupees / CANDY (356 kg), while the raw cotton price is 900-940 rupees / maund (20 kg).
In the Raj Kurt Agricultural Products Marketing Committee yard, the quantity of raw cotton arrived at 25000-30000 maund, the price was 885-930 rupees, the quantity of Jasdan arrived at 10000-15000 maund, the price was 850-935 rupees, the quantity of Botad arrived at 35000 maund, and the price was 895-951 rupees.
According to market participants, the exporter holds 1 million 500 thousand packs of inventory.
According to Avadhesbhai Sejpal, a broker who lives in A Raj Kurt, cotton prices will remain stable for some time because supply and demand are balanced.
A month later, if the government allows cotton exports, prices may go up.
On Saturday, the price of cotton in Andhra Pradesh was stable and the number of goods arrived was reduced.
Adirad price is higher than 4200 rupees / KT, but the price of Guntur is down.
The price of Khamman is strong, and the price of Khamman area is more than 4500 rupees.
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