On Tuesday, the trading price of cotton in major markets across northern India dropped by Rs. 10-15 per maund once again, with high-priced purchases seeing a noticeable decline. This shift comes after a period of strong demand from both exporters and domestic buyers, which had driven prices upward, leading to a slowdown in premium transactions. According to market sources, demand remains robust, with forward delivery prices hitting a new high of Rs. 3,500 per maund. This reflects growing confidence among traders and buyers who are securing supplies ahead of the harvest season. In Punjab, the current delivery price stands at Rs. 3,460–3,520 per maund, while Haryana is witnessing prices between Rs. 3,460 and Rs. 3,500. In Rajasthan, the market range is slightly lower, at Rs. 3,310–3,360 per maund. Looking back, Punjab's delivery price was Rs. 3,300 per maund after October, and it dropped slightly to Rs. 3,240 per maund in November. Similarly, in Haryana, the October and November delivery prices were both set at Rs. 3,250 per maund. These fluctuations highlight the dynamic nature of the cotton market, influenced by supply conditions, buyer sentiment, and seasonal trends. As traders continue to monitor the situation closely, further adjustments in pricing may be expected in the coming weeks.

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