Cotton trading range for the day is 18530-19370.
Cotton gained due to lower production from major producing belts.
Cotton acreage is likely to drop by 20% in season 2016-17 in Punjab and Haryana compared to the last season.
Total cotton 2015-16 production estimates slumped 10.73% to 34.1 million bales as compared last year on pest infestation.
Cotton prices in spot market gained by 30.00 rupees and settled at 18730.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton gained due to lower production from major producing belts.
Cotton acreage is likely to drop by 20% in season 2016-17 in Punjab and Haryana compared to the last season.
Total cotton 2015-16 production estimates slumped 10.73% to 34.1 million bales as compared last year on pest infestation.
Cotton prices in spot market gained by 30.00 rupees and settled at 18730.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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