- Cotton trading range for the day is 20863-21503.
- Cotton prices gained due to rising demand from traders and stockists at the spot market.
- Prices also seen supported on probability that the El Nino phenomenon may occur during second half of monsoon month which may affect cotton yield.
- As per CAI, cotton crop estimate for the ongoing cotton season at 340.50 lakh bales of 170 kgs each.
- Cotton prices in spot market gained by 80.00 rupees and settled at 20720.00 rupees.
Friday, April 21, 2017
EPIC RESEARCH NCDEX UPDATE OF Cotton 21 April 2017
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