Despite the prospects of higher cotton crop for 2007-08, estimated at 31 million bales (1 bale=173 kg) from 28 million bales in 2006-07, prices are seen firm in the week ahead as sellers are holding back stock, analysts and traders said today.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>&#34Sellers are holding stock for higher prices. This has reduced daily arrivals to about 40,000 bales today from 55,000 bales two weeks ago. The situation may push prices up in 3-4 days,&#34 said analyst Samir Ghosh at Kotak &amp; Co. </P></p><p class='TableClas'></p></table>


Cotton prices to rise despite higher output

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