cotton prices in north India remained steady

Meanwhile, cotton prices in north India remained steady today amid thin trade and limited buying. However, the prices had witnessed upward trend in last one week as domestic prices found support from rise in ICE cotton. According to traders, cotton arrival will not improve in next 45 to 60 days. Therefore, the prices may witness upward trend, but buyers are likely to remain reluctant at such a high price. Cotton was traded at ₹10,500-10,700 per maund of 37.2 kg in Punjab, ₹9,800-10,200 per maund in Haryana and ₹9,700-9,900 per maund in upper Rajasthan. Cotton was sold at ₹97,000-99,000 per candy of 356 kg in lower Rajasthan.