6/17/2016 11:40:00 AM
Cotton prices ended with losses tracking weakness in spot demand amid profit booking after prices gained on lower output estimates.
Cotton Association of India has cut production estimate to 341 lakh bales of the fiber in the 2015/16 from 342 lakh bales estimated earlier.
Moreover, in the kharif sowing progress data released by Government pegged only 9.87 lakh hectares in current season.
Cotton prices in spot market gained by 230.00 rupees and settled at 19460.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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