EPIC RESEARCH NCDEX COTTON UPDATE OF 26 SEPTEMBER 2017

Cotton trading range for the day is 18110-18730.Cotton prices ended with flat node on higher sowing amid weak demand.Prices also seen under pressure on hope of higher output due to increase in acreage this year.Cotton has been sown on 121.72 lakh hectares, 2017 across the country compared to 102.56 lakh hectares during the same period previous year.Cotton prices in spot market dropped by 220.00 rupees and settled at 18740.00 rupees.

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