STOCK MARKET BSE NSE

Tension at Cotton Market

Published: 10th November 2015 05:07 AM  |   Last Updated: 10th November 2015 05:07 AM   |  A+A-

KHAMMAM: Tension prevailed for some time at cotton market yard here on Monday, as farmers  were angry with the traders for not purchasing their produce. Procurement resumed after officials intervened into the matter.

On Monday, hundreds of farmers across the district brought more than 15,000 bags of cotton to the market, only to know that traders were not purchasing it due to a dispute between lorry owners.  Farmers alleged that it was traders’ fault and opined that they should have been informed if traders were not purchasing.

 Later farmers tried to enter into the market yard office and raised slogans. Meanwhile police reached the spot and  pacified the farmers.  sMarket yard officials informed RDO Vinay Krishna Reddy, who held discussions with traders and convinced them to purchase cotton.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp