Cotton trading range for the day is 17987-18507.
Cotton prices dropped on profit booking after prices gained on lower output estimates for 2015-16.
The Cotton Corporation of India (CCI) sold 8,500 bales of cotton on Monday out of 11,2000 bales put under e-auction.
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 17810.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton prices dropped on profit booking after prices gained on lower output estimates for 2015-16.
The Cotton Corporation of India (CCI) sold 8,500 bales of cotton on Monday out of 11,2000 bales put under e-auction.
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 17810.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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