EPIC RESEARCH NCDEX COTTON UPDATE OF 20 JANUARY 2017

Cotton trading range for the day is 19980-20340. Cotton prices ended with gains tracking firmness in spot demand and lower arrivals in local mandis. Total of 12.45 million bales have arrived until Jan 17 during the 2016-17 marketing season. In the 2016-17 cotton marketing year, US cotton exports are likely to increase by 35 per cent. Cotton prices in spot market gained by 270.00 rupees and settled at 20140.00 rupees.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664