Indian domestic cotton prices continue to decline

Affected by the increase in the acquisition of seed cotton, the price of domestic cotton in India continued to decline yesterday.

The Shankar-6 gin factory pick-up price was about Rs 34,000-34100/candy, which was 80.50 cents/lb, down 0.75 cents from the previous day; the Punjab J-34 new flower was Rs 3,390/maund, which was 76.50 cents/lb. .