Cotton was unchanged on Monday even as buying by mills rose. Higher demand for yarn prompted mills to buy more, said a broker here. However, export demand was nominal. Arrivals increased a little.
In Gujarat, the new A-grade S-6 variety traded at Rs 32,500-32,800 a candy and B-grade at Rs 32,000-32,400. The new V-797 was offered at Rs 25,500-26,500 a candy. About 15,000-16,000 bales of 170 kg each arrived in the State, while 50,000-55,000 bales arrived in the rest of the country.
In Maharashtra, the A-grade low micronaire (29 mm) variety quoted at Rs 31,500-32,000 a candy and the high micronaire at Rs 32,300-32,700. In Madhya Pradesh, the former quoted at Rs 31,500-32,000 and the latter at Rs 32,300-32,700 a candy.
The fibre traded steady to weak in North India, where 3,200 bales arrived, as sales rose amid normal demand.
The J-34 RG quoted at Rs 3,550-3,590 a quintal in Punjab, at Rs 3,470-3,480 in Haryana and at Rs 3,460-3,470 in Rajasthan.
The yarn export registrations stood at 62.881 million kg in April, down 11.88 per cent from 71.36 million kg in the same period last year, according to the Directorate General of Foreign Trade's data.