EPIC RESEARCH NCDEX UPDATE OF COTTON 25 AUGUST 2016

Cotton trading range for the day is 19723-20723. Cotton prices dropped due to slowing physical demand from the textile industry. Further, expectations of better production as acreage have improved in major growing regions of Gujarat and Maharashtra also weighed. 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. Cotton prices in spot market dropped by 60.00 rupees settled at 21930.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co