Tuesday, 4 July 2017

EPIC RESEARCH NCDEX COTTON UPDATE OF 04 JULY 2017

Cotton trading range for the day is 19903-20203. Cotton prices ended with gains on rising demand from traders and stockists at the spot market.According to the official figures, cotton has been sown on 46.10 lakh hectares as on June 30, 2017 across the country. This year, cotton output is expected to rise on higher sowing which will hit the prices in the coming week. Cotton prices in spot market dropped by 180.00 rupees and settled at 20040.00 rupees.

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