Thursday, 18 May 2017

EPIC RESEARCH NCDEX COTTON UPDATE OF 18 MAY 2017

Cotton trading range for the day is 20943-21463.Cotton prices ended with gains tracking cues from firmness in global prices. However upside seen limited amid expectation of timely arrival of monsoon and speeding up of sowing activities in northern region.There are supplies this season through imports and good stocks available with the farmers.Cotton prices in spot market gained by 10.00 rupees and settled at 20600.00 rupees.

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