Cotton sold for up to Rs 3805 on the first day: 18 vehicles arrived in the Muhurat purchase; MLA said - arrival will increase after the rain
Khargone
The purchase of the new season was started in Khargone's cotton market on Thursday. The program was started with worship in the presence of MLA Balkrishna Patidar. Mandi Secretary Sharmila Ninama and Mandi representative Manjit Singh Chawla were also present on this occasion.
On the first day, cotton arrived in the market in 18 vehicles. Businessman Mannalal Jaiswal bought Ashwin Dangi's first consignment at the highest price of Rs 9121 per quintal. The minimum price on this day was Rs 3805 per quintal.
MLA Patidar said that currently the rainy season is going on. Arrival will increase after the rain stops. There is a possibility of increase in prices when good quality cotton arrives.
According to the Mandi Secretary, farmers seemed satisfied with the initial price. Traders indicated that purchases may be affected due to approval of export to America. He also said that there is little possibility of getting prices above the support price.
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