EPIC RESEARCH NCDEX COTTON UPDATE OF 26 OCTOBER 2017

Cotton trading range for the day is 18313-18573.Cotton prices ended with losses on higher output and profit-booking. Cotton Association of India (CAI) forecast cotton production for 2017-18 at 3.75 million bales. United States Department of Agriculture (USDA) maintained India's cotton output and consumption forecast for 2017-18. Cotton prices in spot market gained by 30.00 rupees and settled at 18790.00 rupees.



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