EPIC RESEARCH NCDEX UPDATE OF COTTON 19 AUGUST 2016

Cotton trading range for the day is 20927-21347. Cotton prices gained due to rising demand from traders and stockists at the domestic spot market. Though, expectation of better production as there is good weather across cotton sowing states like Gujarat and Maharashtra, capped some gains in cotton. According to latest estimates by the government, cotton has been planted on 99 lakh hectares (lh), down 8.9 per cent from 108.7 lh last year. Cotton prices in spot market dropped by 30.00 rupees and settled at 22330.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co