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Cotton News - MCX Cotton has fallen by around 3%25 on a week on week basis and has raised around 10%25 month on month basis
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MCX Cotton has fallen by around 3% on a week-on-week basis and has raised around 10% month-on-month basis

MCX Nov- 22 contract traded lower at 31700 and Dec-22 contract traded at 30800 yesterday. Prices have mainly fallen due to increased arrivals in the market. Cotton arrivals were around 132,300 bales on 21st November 2022 which has further increased to 137,200 bales on 23rdNovember 2022.

Daily arrivals in Gujarat arrivals were around 45000 bales, Maharashtra 25000 bales, Telangana 18000 bales, Madhya Pradesh 15000 bales and in Karnataka 12000 bales. Cotton Shanker-6 prices were trading at Rs. 66,000-66,500 per candy.