📷 Image: Wikimedia Commons / dnyanesh2503
Agriculture
New cotton season opens at MP's largest Khargaon market, muhurat price hits ₹8,411 per quintal
✍️ Amar Ujala · Madhya Pradesh
🗓 08 Sep 2026, 10:32 AM
👁 27
The inauguration and auction at Khargaon, Madhya Pradesh's biggest cotton market, recorded a muhurat price of ₹8,411 per quintal for farmer Ashwin Dangi's cotton, with the day's peak reaching ₹8,595.
Khargaon, the site of Madhya Pradesh's largest cotton market, marked the start of the new cotton season on Monday with a formal puja followed by an auction. The ceremony signaled the beginning of trading for the upcoming harvest, drawing farmers and traders from across the state.
During the muhurat auction, cotton belonging to farmer Ashwin Dangi fetched ₹8,411 per quintal, setting the benchmark price for the day. Traders used this rate as a reference point for subsequent bids.
Throughout the trading session, the highest price recorded was ₹8,595 per quintal, indicating strong demand and a positive outlook for the season's produce. Market officials noted that the robust opening could help stabilize prices for cotton growers in the region.
The event underscores the importance of Khargaon as a pivotal hub for cotton trade in central India, where price movements often influence broader market trends across the state.
During the muhurat auction, cotton belonging to farmer Ashwin Dangi fetched ₹8,411 per quintal, setting the benchmark price for the day. Traders used this rate as a reference point for subsequent bids.
Throughout the trading session, the highest price recorded was ₹8,595 per quintal, indicating strong demand and a positive outlook for the season's produce. Market officials noted that the robust opening could help stabilize prices for cotton growers in the region.
The event underscores the importance of Khargaon as a pivotal hub for cotton trade in central India, where price movements often influence broader market trends across the state.