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EPIC RESEARCH NCDEX COTTON UPDATE OF 05 SEPTEMBER 2017

Cotton trading range for the day is 18667-19007.Cotton prices gained on delay in fresh arrivals mainly from Haryana and Punjab due to incessant rainfall in northern region. Further, crop damages in United States may turn beneficial for India exporters as India is the second largest exporter of cotton after US. 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 80.00 rupees and settled at 20310.00 rupees.

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EPIC RESEARCH NCDEX COTTON UPDATE OF 05 SEPTEMBER 2017

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