Cotton prices declined in the mandis of North Indian states of Punjab, Haryana and Rajasthan due to weak demand from spinning mills, while the daily arrivals of cotton in these mandis increased. There was a declining trend in cotton prices in the foreign market on Wednesday. Cotton prices in the May-23 futures contract declined by 226 cents to 79.11 cents. During this period, its price in July-23 futures contract weakened by 212 cents to 79.81 cents. In the December-23 futures contract, it declined by 171 cents to 80.95 cents. Even today, cotton prices opened weak in the electronic trading of ICE. The weather is clear in the cotton growing areas of North India. According to the traders, cotton prices have come down in the states of North India due to weak demand from the spinning mills, although the trader is not in much depression. The ginning mills of these states are facing disparity due to the recent fall in the prices of cottonseed as well as cottonseed oil. Therefore, mills do not want to sell cotton by reducing the price. Anyway, the mills of these states seem to be getting affected by the current price of cotton, but the mills are working with limited profit, due to which they are buying cotton only according to their requirement. In the states of North India, farmers have only a limited amount of remaining stock of cotton and most of the goods are coming from the godowns, hence there will be a decrease in daily arrivals going forward. In such a situation, there is a possibility of a slight rise in the cotton prices in the spot market, but the recession will continue. Today, the price of cottonseed has come down by Rs.50 in these states. Cotton arrivals in north Indian states of Haryana and Rajasthan and Punjab mandis reached 15,000 bales as against 14,500 bales in the previous trading day. Cotton prices showed a declining trend in the domestic futures market today. On the NCDEX, cotton prices fell by Rs. 8.5 to Rs. 1,546 per 20 kg in April-23 futures contracts. Meanwhile, cotton prices declined by Rs 60 to Rs 61,500 per candy in April-23 futures contract on MCX. Cotton prices were quoted at Rs 7,100 to 7,800 per quintal in the mandis of Punjab and Haryana line, whereas in the upper Rajasthan line, its price remained at Rs 7,200 to 7,900 per quintal. The price of cottonseed was quoted at Rs 3,200 to 3,400 per quintal in Punjab and Haryana line and Rs 3,300 to 3,500 per quintal in upper Rajasthan line. In Punjab, cotton spot delivery rates were quoted at Rs.6,125 to Rs.6,225 per head, which means Rs.58,300 to Rs.59,300 per candy. Cotton prices in Haryana were quoted at Rs 6,075 to Rs 6,150 per head for spot delivery, ie Rs 57,900 to Rs 58,800 for candy. Cotton prices in upper Rajasthan were quoted at Rs 6,300 to 6,400 per head for spot delivery, ie Rs 60,000 to 60,900 in candy. In Rajasthan's Pilani, cotton prices were quoted at Rs 6,300 to Rs 6,400 per head for spot delivery. In Lower Rajasthan, cotton candy became Rs 58,500 to Rs 60,000 for spot delivery.