Cotton trading range for the day is 16983-17243.
Cotton prices traded in the range after US department of agriculture trimmed India's export for 2016-17.
India's domestic consumption is expected to flat at 24.50 million bales while exports are expected to slump 34% to 3.80 million bales.
The export of cotton is expected to drop by over 10% to 6 million bales in current year ending September.
Cotton prices in spot market dropped by 10.00 rupees and settled at 16790.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton prices traded in the range after US department of agriculture trimmed India's export for 2016-17.
India's domestic consumption is expected to flat at 24.50 million bales while exports are expected to slump 34% to 3.80 million bales.
The export of cotton is expected to drop by over 10% to 6 million bales in current year ending September.
Cotton prices in spot market dropped by 10.00 rupees and settled at 16790.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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