Cotton fetches record price in Khammam market

Khammam: Cotton produce fetched a record price of Rs 7500 per quintal at Khammam Agriculture Market on Thursday. According to the market sources, it was the highest price paid to the produce so far in the market and the produce purchased at that price was harvested last season. The cotton harvest has begun and the […]

Khammam: Cotton produce fetched a record price of Rs 7500 per quintal at Khammam Agriculture Market on Thursday.

According to the market sources, it was the highest price paid to the produce so far in the market and the produce purchased at that price was harvested last season. The cotton harvest has begun and the produce was being picked up at some places.

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The market committee Chairperson, D Lakshmi Prasanna and the market secretary R Mallesham visited the cotton yard at the market and inspected the sales. The Chairperson said it was a happy development that the produce fetched a good price at the beginning of the season.

All arrangements were being made for cotton purchase at the market. As many as 1800 bags of cotton arrived at the market on Thursday, she noted. She informed that proposals worth Rs 17.32 crore have been prepared for the development of the market.

It was proposed to build new buildings for Soil Testing Centre, a resting facility for farmers, secretary office building, new market sheds, CC roads, drains and a cold storage in the market, Prasanna said.

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