Related Keywords: 000 bales on an average, 200-5, 3, 350 per quintal, Arrival of raw cotton going up, arriving every day, CCI, cotton bales, mandis, Punjab markets, range of Rs 5, rates of cotton crop stabilizing, second week of January, state markets
With the arrival of raw cotton going up in the second week of January, the rates of cotton crop stabilizing in the range of Rs 5,200-5,350 per quintal in Punjab markets. In the corresponding period in 2017, rates of raw cotton were Rs 5,600-5,700 per quintal.
Till the first week, about 3,000 bales on an average were arriving every day in the state markets. Now, over 4,500 bales are arriving in the mandis for the last three days. Starting from September 1, 2017 till January 9, a total of 5.55 lakh bales (1bale=170kg) of raw cotton had arrived in the markets of Punjab.
