EPIC RESEARCH NCDEX COTTON UPDATE OF 08 DECEMBER 2017

Cotton trading range for the day is 18723-18983. Cotton ended with losses due to lack of support and bearish reports from overseas markets. Expectations of higher output in the country are also keeping prices under pressure. Meantime cotton arrivals during current year reached 6.92 million bales, data from Cotton Corporation of India showed. Cotton prices in spot market dropped by 40.00 rupees and settled at 18400.00 rupees.

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