EPIC RESEARCH NCDEX UPDATE OF COTTON 11 AUGUST 2016

Cotton trading range for the day is 21257-21837. Cotton dropped due to good sowing progress as widespread rains in Gujarat and Maharashtra brighten the prospects on cotton production.India exported 0.812 lakh bales of cotton in the month of July 2016 compared to 1.640 lakh bales of cotton during previous month.Imports on the other hand stood at 2.085 lakh bales of cotton compared to 1.501 lakh bales of cotton during previous month.Cotton prices in spot market dropped by 200.00 rupees and settled at 22660.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co