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Sowing in full swing in cotton states
PTI - Coimbatore

With spot prices ruling steady, cotton lint prices showed increased tendency during the last fortnight of June, South India Cotton Association (SICA) has said.

Sellers were waiting for higher prices, while buyers were limited only for selected qualities and varieties, SICA, in it market report for the period, said.

Barring Tamil Nadu, all other cotton growing states received good rains and sowing operations were in full swing, it said.

While the acreage under cotton was reported to be 15 per cent less than the previous year in Punjab, Haryana and Rajasthan belts, it was 10 per cent lower compared to last year in Gujarat, SICA said.

In Madhya Pradesh and Maharashtra also sowing operations had started all over the state following good to heavy rains. Despite few transactions, prices were on the higher side for ready lots to the extent of Rs 1,000 to Rs 1,500 per candy in Andhra Pradesh. According to quality, MECH-1 ruled from Rs 15,600 to Rs 17,500 per candy in this belt, the report said.