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Kapas futures up by 0.53 pc on spot demand

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Press Trust of India New Delhi
Kapas prices firmed up Rs 5 to Rs 954.50 per 20 kg in futures trade today after positive leades from physical markets.

At the National Commodity and Derivative Exchange platform, kapas delivery for the April month moved up by Rs 5 or 0.53 per cent to Rs 954.50 per 20 kg, with the business turnover of 7,299 lots.

Strong advices from spot markets supported the kapas futures prices, analysts said. Spot prices strengthened on restricted arrivals amid better offtake by fibre units.
 

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First Published: Feb 16 2018 | 1:15 PM IST

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