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EPIC RESEARCH NCDEX COTTON UPDATE OF 29 JANUARY 2018

Cotton trading range for the day is 20430-20830. Cotton prices gained to rising demand from traders and stockists at the spot market. Market arrivals of cotton in the first three months of current cotton season are higher by around 43% compared to the same period a year ago.The CCI purchased nearly 485,000 bales cotton at minimum support price (MSP) fixed by government as prices are ruling firm. Cotton prices in spot market dropped by 70.00 rupees and settled at 19890.00 rupees.

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EPIC RESEARCH NCDEX COTTON UPDATE OF 29 JANUARY 2018

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