The prices of cotton is expected to remain stable and hover around Rs 5,500-5,800 per quintal, as per analysis done of monthly prices in Konganapuram for the last nine years by TNAU’s Agro Marketing Intelligence and Business Promotion Centre. Tamil Nadu Agricultural University (TNAU) has advised growers to take sowing decisions based on their advisory as prices of long staple summer cotton on harvest are expected to be around Rs 5,500-5,800 per quintal in July-August.
The price of good quality long staple cotton in Konganapuram regulated market in Tamil Nadu now rules at around Rs 6,000 per quintal. Though the production and arrivals are lower than last year, the fibre has not realized the expected price for being moist and also because of ban on export.
The major cotton growing districts of Tamil Nadu are Dharmapuri, Tiruvannamalai, Vellore, Perambalur, Tiruchirapallii and Salem.