• Linkdin

Cotton prices at KCA consolidate

24 Nov '08
4 min read

A dull atmosphere acquired the market on Friday, although the spot rate at KCA stayed firm and strong and the settlement price was declared at Rs2950 per maund, similar to previous day. Some contracts have been observed in a bit low prices compared to the earlier day. However, demand for fine lint remained on the higher side.

On this day, around 200 bales of Southern Punjab exchanged hands at Rs2,975 per maund and 200 bales of Upper Sindh were traded at Rs2,990 per maund.

The spot rate at KCA stood at Rs2950 per maund on Saturday, with no change compared to the day before. A change is anticipated with the announcement of seed cotton rates at Rs1465. This becomes about Rs3200 for ginned cotton. TCP is expected to declare this as the base rate for the purchasing of cotton. This has helped producers to be a bit more confident, for holding the stocks and consumers be positive on purchasing prices.

For complete quotation of today's price click here

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search