State trading agency NAFED has invited tenders for the sale of 38,000 bales of FP H4/H6 SUP CONV cotton, stored in various state-owned godowns across Maharashtra.
The agency has said in its tender that bids for the sale of cotton bales, belonging to the 2008-09 season, should reach it by July 5 and they would be opened on the same day in the presence of bidders or their authorised representatives.
The reserve prices of cotton bale stocks stored at various godowns are Rs 24,575 per candy for stock at Maharashtra State Warehousing Corporation (MSWC) Lohara, Rs 25,500 per candy at MSWC Jalna, and the reserve price is the same for stock stored at MSWC Chikli.
Cotton bales stored at MSWC Vairag have a reserve price of Rs 26,000 per candy, while that for stocks at the rest of the godowns is Rs 24,000 per candy.