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Kalyan cotton prices for May contract escalate

05
Nov '08
Today May month contract for Kalyan cotton closed at Rs495.60 with volumes reaching 806 lots. (1 lot = 20 kg)

Closing price of yesterday was Rs490.90 per lot. Today it opened at Rs491.50, up by Rs0.60 per lot.

Kalyan cotton today touched a high of Rs495.60 and noted a low of Rs489.70 per lot during the trading sessions. Last traded price for today was Rs495.60. Over all Kalyan cotton for May futures were up by Rs4.70.

Around 806 lots were traded today compared to 642 lots of yesterday. Value wise turnover reached Rs79.3 million.

Hence overall market was positive in both volume and value.

National Multi-Commodities Exchange


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