Cotton price remained unmoved as a result of normal export and domestic demand. Kapas or raw cotton also traded flat. About 60,000-62,000 bales of cotton arrived in Gujarat and 2 lakh bales arrived across the country.
Gujarat Sankar-6 cotton was quoted at Rs.46,600-46,700 for a candy of 356 kg. Kapas was traded at Rs.1,050-1,085 for a maund of 20 kg and gin delivery kapas stood on Rs.1,085-1,100 a maund in Rajkot.
On the National Commodity and Derivatives Exchange, kapas April contract increased by Rs.4 to Rs.980.50 a maund, with an open interest of 18,037 lots.
As per Rajkot-based cotton broker, buyers were buying hand-to-mouth which kept the demand normal, though there was some export inquiries. Demand is likely to move up in the coming days.
Avantium has made a major breakthrough in textile recycling, developing a unique method to separate and reuse both cotton and…
Ventile has teamed up with Norwegian brand Northern Playground to introduce a new lightweight anorak designed for both outdoor adventures…
Faherty Brand has announced a new collaboration with Alternew to improve the shopping experience by offering convenient alteration services to…
GFA and PDS Ventures are searching for early-stage innovators with sustainable solutions that can transform the fashion and textile supply…
Ambercycle has partnered with Benma, a Chinese sustainability solutions provider, to accelerate circularity in textiles through the production of cycora…
A trade delegation from the Netherlands will visit Bangladesh from February 10th to 13th, 2025, as part of the Netherlands…