Wednesday, 27 September 2017

EPIC RESEARCH NCDEX COTTON UPDATE OF 27 SEPTEMBER 2017

Cotton trading range for the day is 18250-18770.Cotton prices gained due to rising demand from traders and stockists at the spot market.Total production is expected to be about 2.5% less than last year despite more sowing area, due to poor rain in some of the main growing areas.Cotton s-owing all over India completed in 12.17 million hectares compared to 10.25 million hectares a year ago.Cotton prices in spot market dropped by 60.00 rupees and settled at 18680.00 rupees.

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