India'S Domestic Cotton Prices Fell By &Nbsp; Seed Cotton Purchase Progress Slowed Down.
India
Cotton price
Lower, yesterday Shankar-6 ginning factory pick up price of about 37500 rupees /candy, fold 93.40 cents / pound, compared with last Friday fell more than 3 cents.
India rupees
dollar
Continued to go down yesterday, against the US dollar.
rupee
For 1:51.228 (last Friday's 1:51.1975), it depreciated by about 11.5% compared with September 1st.
The progress of seed cotton purchase has slowed down. Yesterday, the amount of seed cotton purchased was less than 100 thousand packages (1.7 tons).
Junagadh researchers from Kasetsart University announced a report that the total output of cotton in India this year is 36 million bales (6 million 120 thousand tons), and the export volume will reach 9 million packages (1 million 530 thousand tons), which is 1 million packs higher than the data released recently by the India Cotton Advisory Committee.
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