Narma cotton arrived in the new grain market here on Tuesday. Despite a meagre arrival of only 75 quintals and bad weather, traders started buying cotton citing "shubh muhurat".
Jannat Bansal, a representative of a private cotton factory, who bought the first consignment at Rs 7,131 per quintal, said, "This time the yield of Narma cotton is better than last year as farmers have increased the area under cotton cultivation." Arhtiya Vikram Tinna also expressed hope of good weather. According to the official cotton market bulletin, the lowest price of Narma cotton was Rs 7,200 per quintal in the last week of July.
