5/11/2016 12:19:00 PM
Cotton prices dropped due to weak demand from domestic mills at the spot market.
China unloaded its vast cotton reserves on the market at a time when the planting conditions in the US are on track also fuelled the downtrend.
CAI data revealed the arrivals during 2015-16 season up to the end of March 2016, which are estimated at 280.15 lakh bales.
Cotton prices in spot market dropped by 50.00 rupees and settled at 16790.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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