Mar-17 is at: 65.01 Volume = 1,202
May-17 is at: 65.43 Volume = 279
Recently, on 2,840 bales traded, the trading platform TheSeam.com reported an average cash price of approximately: 65.00.
On the nearby contract, that puts the average basis at approximately: +58points.
Cash prices are averaging approximately 13.22 cents over loan value.
Current India Balance Sheet (2015/2016)