Related Keywords: 100 per maund, become costlier, Buyers are rushing, Buyers initially seen chasing limited quantity of quality cotton, cotton bales, Cotton market, get hold of maximum lint quantity, lint imports, once again pushed cotton prices, realizing developing scenario, regardless of its quality, rupee devaluation, seasonal peak of Rs7, seed cotton
Buyers initially seen chasing limited quantity of quality cotton realizing that under the developing scenario lint imports after rupee devaluation will become costlier. Buyers are rushing to get hold of maximum lint quantity, regardless of its quality at the cotton market on Tuesday which once again pushed cotton prices to a seasonal peak of Rs7,100 per maund.
The buyers were also not optimistic about imports of cotton from India since a large-scale pest attack has drastically slashed the crop size.
