Wednesday, 17 May 2017

EPIC RESEARCH NCDEX COTTON UPDATE OF 17 MAY 2017

Cotton trading range for the day is 21003-21323.Cotton prices dropped amid higher supplies this season through imports and good stocks available with the farmers. According to trade sources, India’s cotton imports have touched an all-time high of 30 lakh bales this season. Sowing of cotton has begun on a strong note in the key growing regions of North India for the 2017-18 season.Cotton prices in spot market gained by 10.00 rupees and settled at 20600.00 rupees.



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