Cotton Prices Soar in Tamil Nadu, Touch ₹10,761 per Quintal
By jayesh chouhan 2026-05-21 11:00:24
Tamil Nadu: Cotton prices hit a new high; sold for Rs 10,761 per quintal
Chennai : Cotton prices have reached a new high, with cotton selling for Rs 10,761 per quintal at the regulated market auction in Villupuram. While the sharp price increase is bound to cause concern among textile mills, it has also brought enthusiasm among farmers and traders.
A report in Daily Thanthi states that during the auction, farmers from cotton-growing hubs like Cuddalore, Ranipet, Tiruvannamalai, and Perambalur bring their produce to the market.
Exceeds last year's record
Typically, cotton sells between Rs 9,000 and Rs 1,000 per quintal. For example, officials said that last year's highest price in the market was Rs 9,700. However, this year, due to increased demand, prices have risen. Traders from Tirupur, Theni, and several other places have come to the Villupuram market in large numbers. This season's increased demand has intensified competition among traders, who are trying to outbid each other to purchase high-quality cotton.
Prices likely to rise further
The cotton selling season, which began on April 1, will continue until June. Officials said that if the current demand trend continues and arrivals remain low, cotton prices may remain high in the coming weeks.
Meanwhile, farmers expressed happiness over the record-breaking price increase, saying the improved rates will help them cover their farming expenses and generate better income this season.
