EPIC RESEARCH NCDEX COTTON UPDATE OF 1 AUGUST 2016

Cotton trading range for the day is 21420-22160.Cotton prices ended with losses as production of cotton in India is expected to go up this year, according to a report. India's cotton production is expected to increase to 6.45 million tonne (mt) this season, from 5.88 mt in 2015-16.CAB has lowered crop production estimate by 12 % to 338 lakh bales (lb) in 2015-16 against 386 lb last year Cotton prices in spot market dropped by 80.00 rupees and settled at 22460.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co