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EPIC RESEARCH NCDEX COTTON UPDATE OF 09 FEBRUARY 2018

Cotton trading range for the day is 19727-20487. Cotton prices ended with gains amid supply concerns and strong demand. India's cotton production in 2017-2018 season is likely to miss the government's output estimate of 32.2 million bales by 7-8% on pest attack. All India arrivals have now come down in the range of 125,000-150,000 bales per day compared to January arrivals of 160,000-180,000 bales per day. Cotton prices in spot market gained by 60.00 rupees and settled at 19360.00 rupees.

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EPIC RESEARCH NCDEX COTTON UPDATE OF 09 FEBRUARY 2018

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