Cotton
The price of good quality cotton will gain gradually as the arrivals dwindle. Benchmark variety Shankar 6 (S 6) is at Rs 41,445 per candy (356 kg) in Rajkot. Prices could gain to around Rs 42,000 per candy. However, a runaway rally is unlikely. Good quality imports will limit the upside in prices as overall availability of cotton in the country remains sufficient to meet the moderately growing demand.

www.business-standard.com