EPIC RESEARCH NCDEX COTTON UPDATE OF 15 FEBRUARY 2018

Cotton trading range for the day is 19537-19997.Cotton prices dropped due to weak domestic as well as export demand at the spot market. Improvement in supply outlook along with subdued demand from industrial users kept prices down. Though, reports of lower than expected production from major growing regions capped some losses in cotton. Cotton prices in spot market dropped by 10.00 rupees and settled at 19450.00 rupees.



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