NCDEX Kapas 28 Nov 2025
| Last Trade | Change | Change in % |
| 1,488.50 | +1,488.50 | +0.00% |
| High | Low | Open |
| 1,488.50 | 0.00 | 0.00 |
NCDEX Kapas Intraday Live Chart
NCDEX Kapas Historical Chart
NCDEX Kapas
Signal - Support & Resistance
| Resistance | Support | Signal | |||
| R1 | 2,015.33 | S1 | 473.33 | 5 Min | Sell |
| R2 | 3,023.00 | S2 | -61.00 | 1 Hour | Buy |
| R3 | 3,557.33 | S3 | -1,068.67 | 1 Day | Neutral |
NCDEX Kapas
Moving Averages
| Period | MA 20 | MA 50 | MA 100 |
| 5 Minutes | 141.76 | 372.12 | 372.12 |
| 1 Hour | 70.88 | 29.19 | 14.74 |
| 1 Day | 0.00 | 0.00 | 0.00 |
| 1 Week | 0.00 | 387.53 | 696.06 |
NCDEX Kapas
Period - High, Low & Average
| Period | High Change from Last | Low Change from Last | Average Change from Last |
| 5 Days | 0.00 +1,488.50 | 0.00 +1,488.50 | 0.00 +1,488.50 |
| 1 Month | 0.00 +1,488.50 | 0.00 +1,488.50 | 0.00 +1,488.50 |
| 3 Month | 1,634.00 -145.50 | 0.00 +1,488.50 | 0.00 +1,488.50 |
| 6 Month | 1,634.00 -145.50 | 0.00 +1,488.50 | 206.94 +1,281.56 |
| 1 Year | 1,634.00 -145.50 | 0.00 +1,488.50 | 274.07 +1,214.43 |
About NCDEX Kapas
Contract Specifications of Kapas
| Symbol | KAPAS |
|---|---|
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday then the following working day. |
| Last Trading Day | 20th of contract expiry month. If 20th is a holiday then preceding working day. |
| Trading Period | Mondays through Friday |
| Trading Session | Monday to Friday: 9.00 a.m. to 5 p.m. |
| Trading Unit | 4 MT (200 Maunds of 20 KG) |
| Quotation/ Base Value | 20 KG |
| Maximum Order Size | 500 MT |
| Tick Size | Rs.0.5 per 100 KG |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Additional and/ or Special Margin | In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
| Settlement | Ex-Rajkot |
NCDEX Kapas: Live Prices, Market Overview, and Trading Insights
NCDEX Kapas refers to cotton futures traded on the National Commodity & Derivatives Exchange (NCDEX) of India. “Kapas” is the raw cotton used in textile manufacturing, making it a crucial agricultural commodity for India’s economy. NCDEX Kapas futures allow farmers, traders, and textile companies to hedge against price volatility or speculate on market movements.
With India being one of the world’s largest cotton producers, NCDEX Kapas prices are closely watched by both domestic and international market participants.
What Are NCDEX Kapas Futures?
NCDEX Kapas futures are standardized contracts representing a specific quantity of raw cotton, typically 1 metric tonne per contract. These contracts have defined expiry dates, lot sizes, and tick values, allowing participants to manage price exposure efficiently.
Key features include:
- Contract Size: 1 MT
- Tick Size: ₹0.05 per kg (varies by contract)
- Settlement: Cash-settled
- Trading Hours: 9:00 AM – 11:30 PM IST
NCDEX Kapas futures prices are influenced by domestic production, global cotton prices, monsoon patterns, and demand from textile industries.
Factors Influencing NCDEX Kapas Prices
- Monsoon and Weather Conditions: Cotton production is highly sensitive to rainfall and temperature patterns. Delayed or poor monsoons can reduce supply and increase prices.
- Domestic Production & Stock Levels: Crop estimates, harvesting progress, and government buffer stock influence futures prices.
- International Cotton Prices: Global cotton benchmarks, especially in the US and China, impact domestic futures rates.
- Textile Industry Demand: Higher demand for yarn and fabric translates to stronger Kapas prices.
- Currency Movements: As cotton is traded internationally, fluctuations in the Indian rupee affect import/export competitiveness and domestic prices.
Trading NCDEX Kapas Futures
Trading NCDEX Kapas requires understanding market dynamics and contract specifications. Participants include:
- Farmers: Hedge future selling prices to protect income.
- Traders & Speculators: Profit from short-term price movements.
- Textile Companies: Lock in prices for raw material procurement.
Popular trading strategies:
- Intraday Trading: Capitalize on short-term volatility using technical indicators like moving averages, RSI, and MACD.
- Hedging: Reduce risk by taking offsetting positions against physical cotton holdings.
- Spread Trading: Pair Kapas futures with other agricultural commodities such as Soybean or Cottonseed to exploit relative price trends.
Historical Perspective
Cotton has been a key agricultural commodity in India for centuries. Organized trading in NCDEX Kapas began in the early 2000s, offering farmers and industry participants a regulated platform for price discovery.
- 2000s: Prices were influenced by monsoon variability and global demand for cotton textiles.
- 2010s: Futures trading expanded with greater participation from institutional investors and exporters.
- 2020s: COVID-19 initially disrupted demand and supply chains, but prices rebounded as the textile sector recovered. Supply chain disruptions and global price trends continue to influence volatility.
Recent Update on NCDEX Kapas
As of September 2025, NCDEX Kapas is trading with moderate gains due to:
- Steady demand from the textile industry.
- Average monsoon supporting production in key growing regions like Gujarat, Maharashtra, and Telangana.
- Global cotton price trends providing support amid international supply concerns.
Market participants are closely monitoring monsoon updates, export orders, and international benchmarks to anticipate future price movements.
NCDEX Kapas vs Global Cotton Markets
While NCDEX Kapas prices are primarily driven by domestic production and demand, they remain correlated with global cotton benchmarks, including the ICE Cotton futures in the US. Price differences often arise due to currency fluctuations, local supply conditions, and government interventions such as minimum support prices or export policies.
Outlook for NCDEX Kapas
With India’s textile industry continuing to grow and global demand for cotton remaining strong, NCDEX Kapas futures are expected to remain in demand among traders and industry participants. Prices may experience volatility due to weather conditions, policy changes, and global market trends, making futures trading an essential tool for risk management.
NCDEX Kapas Futures FAQ
Q. What are NCDEX Kapas Futures?
A. NCDEX Kapas Futures are futures contracts based on the price of Kapas (raw cotton), traded on the National Commodity & Derivatives Exchange (NCDEX) in India. Kapas represents unprocessed cotton, a key agricultural commodity, and these futures serve as a benchmark for the Indian cotton market. They are frequently referenced in financial news on platforms like Moneycontrol or Economic Times as an indicator of agricultural commodity trends and farmer sentiments.
Q. What are NCDEX Kapas Futures Contracts?
A. NCDEX Kapas Futures Contracts are standardized agreements to buy or sell 1 candy (170 kg) of raw cotton at a predetermined price on a future date, traded on the NCDEX platform. The value of a Kapas Futures contract is 170 times the price per 20 kg (the quoted unit). These contracts are highly liquid and volatile, influenced by seasonal factors, offering traders multiple opportunities for profitable trades during daily sessions. For example, if you’re bullish on cotton prices, you can go long on a futures contract, earning profits based on the price increase per 20 kg multiplied by 170. Conversely, if bearish, you can short the contract, profiting from price declines.
Q. What are the trading hours for NCDEX Kapas Futures?
A. Trading for NCDEX Kapas Futures begins at 9:00 a.m. IST and runs through 5:00 p.m. IST from Monday to Friday. Unlike global futures markets, there is no evening or weekend trading, and the market closes daily without extended pauses. This schedule aligns with Indian market hours, providing active trading opportunities during the business day for domestic participants.
Q. Why and when were NCDEX Kapas Futures created?
A. NCDEX was established in 2003 by a consortium of Indian financial institutions to provide a transparent platform for commodity derivatives trading. Kapas Futures were introduced shortly thereafter to enable farmers, ginners, and traders to hedge against price fluctuations in the cotton market. Designed to reflect the health of India’s agricultural sector, particularly cotton production, these futures serve as a vital tool for price discovery, risk management, and assessing economic trends in the textile industry.
Q. What are the risks and benefits of NCDEX Kapas Futures trading?
A. NCDEX Kapas Futures trading differs from traditional commodity investing and carries significant risks. The volatility of cotton prices, driven by weather, global demand, and supply chain issues, can lead to substantial gains but also rapid losses, making it unsuitable for conservative investors. Traders who can actively monitor the market and tolerate risk may capitalize on both long and short positions, as futures allow shorting without restrictions like the uptick rule. However, without disciplined risk management, traders risk margin calls if positions move unfavorably. The benefit lies in the potential for high returns due to the leverage and liquidity of these contracts, but constant attention to market movements is essential.
Q. How can I learn NCDEX Kapas Futures trading?
A. NCDEX Kapas Futures are a popular choice among traders, but beginners often face challenges due to limited understanding of agricultural commodity dynamics and trading strategies. Success demands a robust trading plan, strict risk management, and deep market knowledge. Novice traders can accelerate their learning by joining online trading communities or live trading rooms led by experienced NCDEX Kapas Futures traders. These platforms enable beginners to observe real-time market analysis, learn strategies suited to their risk tolerance, and gain confidence. Using simulated accounts before trading with real money can also minimize costly errors.
Q. What are other names used for NCDEX Kapas Futures?
A. NCDEX Kapas Futures are known by several names or aliases, including:
- Kapas Futures
- Raw Cotton Futures
- NCDEX Kapas Futures Live
- Shankar Kapas Futures
- KAPAS1! (TradingView symbol)
- Kapas V 797 Futures