After The Lantern Festival, India Cotton Prices Are Expected To Decline.
India textile mills and exporters
cotton
The demand is limited, but the number of cotton arriving is increasing.
Trade figures say that cotton prices will drop after the Lantern Festival is expected.
Class a sang Kal - 6 cotton sales price 39000-39500 rupees / candy (356 kg), intermediate sales price 34000-36000 rupee / candy.
Cotton or kapas cotton is quoted at 925-955 rupees / mender (20 kg).
13000-14000 bales of cotton (170 kg / bag) arrived in Gujarat, including 4000 bales of new cotton, arrived in other parts of India.
Number
40000-42000 bags.
Maharashtra has a quantity of about 4000 bags, and the paction price is 37000-39000 rupees / candy.
The price of Kapas cotton in Maharashtra is 900-910 rupees per pack in Gujarat.
The price of new kapas cotton in Gujarat is 900-940 rupees / Mende.
Dealers and brokers say the price of cotton will be between 37000-40000 rupees / candy before the Lantern Festival and the arrival of high-quality cotton. After the Diwali festival, the South will be in the south.
Spin
Factories and exporters will increase the number of purchases.
Owing to late planting time, the arrival time of new cotton is delayed for one month this year.
Ginning in Gujarat
association
Gujarat cotton is forecast to be 14 million bales, compared to 11 million bales last year.
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