Kapas prices firmed up by Rs 25.80 to Rs 670.90 per 20 kg in the futures market today following aggressive buying by traders at existing low levels.
At the National Commodity and Derivatives Exchange, kapas for delivery in February jumped up by Rs 25.80, or 4%, to Rs 670.90 per 20 kg, with an open interest of 81 lots.
Kapas futures for delivery in March hardened by Rs 22.80, or 3.49%, to Rs 671.20 per 20 kg, with an open interest of 29 lots.
Likewise, prices for delivery in April rose by Rs 10.60, or 1.60%, to Rs 675 per 20 kg, with a business turnover of 2,541 lots.