Cotton trading range for the day is 19337-19637.
Cotton dropped due to sluggish demand from retailers and stockists at the spot market.
Though, some losses were capped on a considerable fall in cotton acreage in the ongoing kharif season in all of the major growing states.
Total cotton 2015-16 production estimates slumped 10.73% to 34.15 million bales as compared last year on pest infestation, CAI said.
Cotton prices in spot market gained by 150.00 rupees and settled at 19620.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton dropped due to sluggish demand from retailers and stockists at the spot market.
Though, some losses were capped on a considerable fall in cotton acreage in the ongoing kharif season in all of the major growing states.
Total cotton 2015-16 production estimates slumped 10.73% to 34.15 million bales as compared last year on pest infestation, CAI said.
Cotton prices in spot market gained by 150.00 rupees and settled at 19620.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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