Cotton Season Kicks Off in the Market; 'Muhurat' Purchase Prices Reach ₹8,575
Major news has emerged from the cotton market today. The cotton season has commenced with the arrival of the new crop. Significant market activity was observed as 'Muhurat' (auspicious inaugural) purchases began at the ginning mills in Dharangaon.
*'Muhurat' for New Cotton at Shreeji Ginning, Dharangaon*
The auspicious inaugural trading for new cotton took place today at Shreeji Ginning, Dharangaon. Approximately 1,000 quintals of new cotton arrived, and the price opened at ₹8,553 per quintal.
Trading also took place in cotton seeds; two truckloads were sold to Gujarat at a rate of ₹5,101 per quintal.
This information was provided over the phone by broker Sohanlal-ji from Burhanpur.
**Key 'Muhurat' Prices in Dharangaon**
Mahavir Fibers: 15 bales — ₹8,575
Jogeshwari Ginning: 150 bales — ₹8,571
Mahavir Cotton: 100 bales — ₹8,571
Shreeji Ginning: ₹8,553
**New Arrivals in Amravati**
An arrival of approximately 500 quintals of new cotton was recorded at Sagraj Cotton, Amravati. The price stood at ₹8,100 per quintal.
**'Narma' (Soft Cotton) Price in Abohar**
The price for 'Narma' cotton was recorded at ₹8,861 per quintal at Balchand Cotspin, Abohar. Key Prices Today
Dharangaon Mahavir Fibers — ₹8,575
Dharangaon Jogeshwari Ginning — ₹8,571
Dharangaon Mahavir Cotton — ₹8,571
Dharangaon Shreeji Ginning — ₹8,553
Amravati Sagraj Cotton — ₹8,100
Abohar Balchand Cotspin Narma — ₹8,861
Cotton Seed, Gujarat — ₹5,101
The cotton season has commenced with the arrival of the new crop and ceremonial purchases (*Muhurat* buying). Farmers and traders will be closely watching the market's direction as arrivals increase in the coming days.
read more :- Khandwa Cotton Trading Starts September 16
