Thursday, July 7, 2016

Cotton trading range for the day is 20680-21560. Cotton prices gained on reports of lower supplies of cotton in domestic market as India is importing cotton from Pakistan. ICAC has revised downwards its forecast of India's cotton output for 2016-17 (to 6.3 million tons from 6.5 million estimated in June. Delayed arrival of monsoon is affecting the cotton acreage in the key growing regions of Central and South India. Cotton prices in spot market gained by 20.00 rupees and settled at 20650.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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