Cotton prices continue to rise in spot markets in western India

On Tuesday, the transaction price of cotton in the spot market of western India was stable. Because of the limited Rakshabandhan trade, transactions were limited. In recent days, exporters and domestic demand were very good and cotton prices continued to rise.

Gujarati's S–6 cotton traded at 32,800–33,300 rupees/candy, V-797 cotton traded at 23,800–24,200 rupees/candy. November and December delivery S The -6 cotton offer is 32,600-32,700 rupees and 32,200-32,300 rupees respectively.

In Maharashtra and Madhya Pradesh, the new cotton 28+MM offers 30,000-30,500 rupees/candy, the new cotton 29+MM offers 31,600-32,500 rupees/candy. November and 12 delivery of cotton respectively Offers 31,400-3,500 rupees and 31,200 rupees.

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