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Related Keywords: cotton farmers, cotton prices, cotton trading activity, demand for export, domestic mill, Ginners, Gujarat Sankar-6 cotton, Indian cotton market, kapas, MSP, Rajkot

Weak cotton trading activity was witnessed at Rajkot, Gujarat as cotton prices remained unchanged and domestic mills were buying only as per their requirements as demand for export was seen dull.

Kapas or raw cotton declined marginally on lower buying from ginners. Gujarat Sankar-6 cotton was traded at ₹33,100-200 per candy of 356 kg.

About 45,000-50,000 bales (of 170 kg) arrived in Gujarat and 2.10-2.15 lakh bales arrived in India. Kapas lost ₹5 to ₹830-850 for a maund of 20 kg. Gin delivery kapas stood at ₹855-860. Cottonseed went for ₹355-370.

Related Keywords: cotton price, domestic mill, Gujarat cotton market, kapas, Maharashtra cotton market, natural fibre, raw cotton, slow arrival

Cotton prices ruled strong over lower arrival due the weak monsoon in Gujarat cotton market. According to traders, demand from domestic mills and slow arrivals in Gujarat resulted in the natural fibre prices to move up. A similar trend was seen in kapas or raw cotton.
 
Gujarat Sankar-6 cotton was traded higher by Rs100-200 at Rs42,000-43,500 for a candy of 356 kg for best quality. Average grade cotton stood at Rs40,000-41,000 and lower quality cotton was Rs34,000-36,000.