Related Keywords: Acharya NG Ranga Agricutural University, assuming normal area, Cotton Association of India, cotton mills and ginners, harvest time, higher estimates of consumption, Kapas prices, lower than expected arrivals of crop, purchasing cotton, remained firm, tight supply
Kapas prices have remained firm in the range of Rs.5, 900 -6000 per quintal, over the past few weeks due to lower than expected arrivals of crop and higher estimates of consumption. So far about 208-210 lakh bales or about 61 percent of the total crop has arrived, according to trade sources.
For the next few weeks cotton prices will continue to remain firm with higher estimates of consumption and tight supply at harvest time,