Cotton trading range for the day is 16980-17200.
Cotton prices dropped due to weak export demand of yarn and fiber backed by price disparity of Indian cotton.
The export of cotton is expected to drop by over 10% to 6 million bales in current year ending September.
In the 3rd advance estimate by government, production of Cotton estimated at 30.52 million bales.
Cotton prices in spot market gained by 10.00 rupees and settled at 16800.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton prices dropped due to weak export demand of yarn and fiber backed by price disparity of Indian cotton.
The export of cotton is expected to drop by over 10% to 6 million bales in current year ending September.
In the 3rd advance estimate by government, production of Cotton estimated at 30.52 million bales.
Cotton prices in spot market gained by 10.00 rupees and settled at 16800.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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