Wednesday, August 09, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 9 AUGUST 2017


  • Cotton trading range for the day is 18643-19003.
  • Cotton prices ended with gains due to concern over loss due to heavy rains.
  • Moreover, as per farm ministry, incidents of pink bollworm attacks have been reported in many parts of key cotton growing areas in south India and Gujarat.
  • As per latest data from Agricultural Ministry, cotton is planted in 114.3 lakh hectares (l ha) till last week, higher 18.2%.
  • Cotton prices in spot market gained by 10.00 rupees and settled at 20440.00 rupees.

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