- Cotton trading range for the day is 21143-21683.
- Cotton dropped as traders are avoiding major buying as cotton price that was increasing steeply until the end of February.
- Exports are likely to be around 5-5.5 million bales with an opening stock of about 4.5 million bales at beginning of 2016-17.
- Also traders are eyeing on muted speculative activity ahead of a federal acreage report due next week
- Cotton prices in spot market gained by 120.00 rupees and settled at 21080.00 rupees.
Friday, March 24, 2017
EPIC RESEARCH NCDEX UPDATE OF COTTON 24 MARCH 2017
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