Monday, September 04, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 4 SEPTEMBER 2017


  • Cotton trading range for the day is 18500-18920.
  • Cotton ended with gains due to weak demand from domestic mills.
  • However downside seen limited the arrival of fresh cotton is set to be delayed due to recent rains in Punjab, Haryana and Rajasthan.
  • All India cotton arrivals were at around 2,700 bales on Friday compared to 3,100 bales on the previous day.
  • Cotton prices in spot market gained by 170.00 rupees and settled at 20390.00 rupees.

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