Monday, 7 November 2016

EPIC RESEARCH NCDEX COTTON UPDATE OF 07 Nov 2016

Cotton trading range for the day is 18253-18653. Cotton prices dropped due to subdued demand from traders and stockists at the spot market. Demand of superior quality of cotton is being increased in line with surging supply of good quality of cotton in physical market. Meanwhile, around 80,000 bales of cotton have been arriving across India which is expected to cross 100,000 in coming days. Cotton prices in spot market gained by 10.00 rupees and settled at 18370.00 rupees.
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