Wednesday, April 03, 2019

EPIC RESEARCH NCDEX UPDATE OF COTTON 3 APRIL 2019


  • Cotton trading range for the day is 21570-21930.
  • Cotton dropped on profit booking after prices gained on improved demand and expectation of lower output.
  • India's cotton exports to fall 27% to 5 million bales this crop season ending September against 6.9 million bales registered last year.
  • Cotton exports dropped 26% to 117,275.13 tons in January compared to 158,794.57 ton in the same period a year ago.
  • Cotton prices in spot market gained by 200.00 rupees and settled at 21870.00 rupees. 


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