Friday, 1 December 2017

EPIC RESEARCH NCDEX COTTON UPDATE OF 01 DECEMBER 2017

Cotton trading range for the day is 18587-18887. Cotton prices gained as pest attack on cotton crop in Maharashtra and untimely rain during the picking season has extended prices of the commodity.According to trade sources, about 2 lakh bales have arrived in the Indian markets per day. As per data, cotton arrivals in the country increased to 7.8 lt in during first 20 days of the month compared to 4.8 lt last 25 days in October. Cotton prices in spot market gained by 120.00 rupees and settled at 18280.00 rupees.

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