Cotton prices increased by 39 percent in 5 months in Madhya Pradesh
This season the price of cotton has increased surprisingly. In almost all the mandis of all the states of the country, the graph of cotton prices has gone up completely. (smartinfo)Talking about the figures, in Madhya Pradesh alone, the price of cotton has increased by 28 percent in the last 5 months. At the beginning of the year, the price of a cotton candy here was 69,750, while exactly 5 months later, on May 2, the price of cotton candy was recorded at 97,250. For the first time in the history of the state, a difference of Rs 27,500 was seen in the cotton price in just five months.
Along with cotton, there has been a significant increase in the prices of other related products like comber, khal and seed. On January 1, 2022, the price of comber in the state was Rs 97 per kg, while on May 2, 2022 it increased by Rs 30 to Rs 127 per kg. (smartinfo)The price of Khal has also increased significantly during this time period. On January 1, the khal was sold at a price of Rs 3450 per quintal, while on May 2, 2022 its price reached Rs 3625 per quintal. There has also been a significant increase in the price of seed in the state. The seed price was Rs 3700 per quintal on 1 January 2020, which has increased to 4200 per quintal on 5 May 2022.
