Whither Cotton Prices

Whither Cotton Prices?
Nishtar THE cotton market has turned remark- ably firm. Crop quotations over the past few weeks have moved up by Rs 125 to Rs 200 per candy. To mention a few varieties, Khandesh Y-l has risen from Rs 1,725 to Rs 1,875, CI-73 from Rs 1,650 to Rs 1,800, Kalyan from Rs 1,550 to Rs 1,775, and the exportable Bengal deshi (Fine) from Rs 1,060 to Rs 1,210. Current prices are a record high for this time of the season, and they are only Rs 50 to Rs 75 below the all-time high levels recorded last season.