Indian Cotton Federation (ICF) stated that the Cotton Corporation of India (CCI) is procuring raw cotton from farmers at minimum support price and has procured approximately 13 lakh bales by November-end at various centres in Andhra Pradesh, Maharashtra and Gujarat. In the north Indian states of Punjab, Haryana and Rajasthan, cotton arrival is quick because of clear weather. As on November 30, 2014, the price of J-34 r/g in Punjab was Rs 3,410 per maund spot, while in Haryana it was Rs 3,305 per maund spot and in Rajasthan it was quoted at Rs 3,320 per maund spot, informed ICF.
