Tuesday, July 25, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 25 JULY 2017


  • Cotton trading range for the day is 20087-20707. 
  • Cotton prices ended with gains due to improved demand from traders and stockists at the spot market.
  • Cotton acreages in India for 2017-18 crop year rose 20% to 10.42 million hectares till Jul 21 compared to 8.68 million hectares sown last year.
  • According to Cotton Association of India, country's June cotton output for 2016-17 rose to 33.7 million bales.
  • Cotton prices in spot market gained by 80.00 rupees and settled at 20190.00 rupees.

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