Thursday, October 12, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 12 OCTOBER 2017


  • Cotton trading range for the day is 18990-19490.
  • Cotton prices ended with flat node due to expectation of good production from major producing belts.
  • Though, some losses were capped on reports of good exports demand from the Asian countries.
  • Moreover, wet weather in the states like Telangana may damage ready to harvest cotton which may further cut down on production.
  • Cotton prices in spot market gained by 120.00 rupees and settled at 19130.00 rupees. 
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