More than 100 farmers of various districts, who brought cotton from their fields to auction their produce in the Namakkal Agricultural Marketing Society resorted to road roko in front of the society on the Tiruchengode Road in Namakkal Town on Thursday evening seeking better price for their cotton. Over 7,000 bags of cotton were brought to the society for auctioning on Thursday. During the auction the price of a quintal was fixed at Rs. 4,200.
“This is Rs. 2,000 lesser per quintal that the Rs. 6,200 the same quantity of cotton was auctioned in the society, last Thursday,” farmers added.