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Surendranagar cotton closes today in lower range

06
Feb '07
A marginal Rs 2 loss was noted at Surendranagar Cotton Exchange today at the day's end, as future contract for Kalyan Kapas (V-797) closed at Rs 415.50 per 20 kg.

Market opened at Rs 417.50, witnessed prices peak at Rs 420.40 to drop down to Rs 415.30 mid way, only to round off gaining 20 paise at the day's end.

Spot prices recorded for different varieties are as follows:

Variety Range
Kalyan Kapas Rs 445-465
Shanker Kapasi Rs 445-465
Kalyan Kapasia Rs 216-218
Shanker Kapasia Rs 213-215
Kalyan Cotton Bale (17.78 maund) Rs 13,600-13,700
Shanker Cotton Bale (17.78 maund)Rs 18,000-18,200

Note: Figures have been collated from Viramgam, Surendranagar, Lakhtar, Limbdi and Kadi stations, and are average rates.

Surendranagar Cotton Exchange Ltd


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