Friday, September 01, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 1 SEPTEMBER 2017


  • Cotton trading range for the day is 18430-18810.
  • Cotton ended with losses on expectation of higher output in the crop year 2017-18 following increased acreages area.
  • This year cotton acreage rose 16.7% to 11.9 million hectares until Aug 25 compared to 10.2 million hectares in the same period last year.
  • Indian cotton Federation expects cotton output to rise by 10-15% in 2017-18 season on higher acreage.
  • Cotton prices in spot market dropped by 130.00 rupees and settled at 20220.00 rupees.


For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

No comments:

Post a Comment

Note: only a member of this blog may post a comment.