Tuesday, July 31, 2018

EPIC RESEARCH NCDEX UPDATE OF COTTON 31 JULY 2018


  • Cotton trading range for the day is 22073-22853.
  • Cotton prices ended with gains due to domestic as well as export demand at the spot market.
  • The Cotton Advisory Board (CAB) has said that India’s cotton exports are likely to increase by 20% during the current cotton season of October.
  • Farmers in the country have sown cotton across 5.46 mln ha in the ongoing kharif season, down 24% from the year-ago period.
  • Cotton prices in spot market dropped by 30.00 rupees and settled at 23130.00 rupees.

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