Cotton On MCX And Kapas Prices On NCDEX

Cotton on MCX and kapas prices on NCDEX closed higher on Thursday on good export demand from neighboring countries as international prices have firmed up during last one month. As on Feb 06, 2017 about 167 lakh bales of cotton have arrived in the domestic market. Maharashtra is leading the arrivals figures at 45.4 lakh bales followed by Gujarat at 38.6 lakh bales. The cotton arrivals in the physical markets have seen improving during last week compared to previous weeks but still the normal arrivals have not seen Gujarat and Maharashtra this season.

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