Cotton trading range for the day is 17387-17547.
Cotton prices dropped due to sluggish demand from traders and stockists at the domestic spot market.
Besides, ICA Committee in its latest release forecast India cotton acreage to rise 4% and production to jump by 10% at 382 lakh bales.
The arrivals of cotton during the ongoing 2015-16 season continue to lag last year.
Cotton prices in spot market dropped by 70.00 rupees and settled at 16890.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton prices dropped due to sluggish demand from traders and stockists at the domestic spot market.
Besides, ICA Committee in its latest release forecast India cotton acreage to rise 4% and production to jump by 10% at 382 lakh bales.
The arrivals of cotton during the ongoing 2015-16 season continue to lag last year.
Cotton prices in spot market dropped by 70.00 rupees and settled at 16890.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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