EPIC RESEARCH NCDEX UPDATE OF COTTON 14 MARCH 2017

• Cotton trading range for the day is 21043-21303. 
  
• Cotton prices ended with losses on higher output in dometic market.
• Government also pegged total cotton production for year 2016-17 at 32.507 million bales in its second advance estimates.
• CAI pegged cotton production for year 2016-17 at 34.1 million bales higher by 1% as compared to 33.8 million bales produced last.
• Cotton prices in spot market dropped by 140.00 rupees and settled at 20800.00 rupees.

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