Tuesday, August 08, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 8 AUGUST 2017


  • Cotton trading range for the day is 18447-19007.
  • Cotton ended with gains on concern over loss due to heavy rains.
  • Moreover, as per farm ministry, incidents of pink bollworm attacks have been reported in many parts of key cotton growing areas.
  • As per latest data from Agricultural Ministry, cotton is planted in 114.3 lakh hectares (l ha) till last week, higher 18.2%.
  • Cotton prices in spot market dropped by 40.00 rupees and settled at 20430.00 rupees.

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