EPIC RESEARCH NCDEX UPDATE OF COTTON 01 SEPTEMBER 2016

Cotton trading range for the day is 19363-19963. Cotton prices dropped as the US cotton crop's progress showed improvement due to the beneficial rains in West Texas. India exported 0.121 lakh bales of cotton last week (22 -28 August 2016), which was 0.146 lakh bales previous to last week. The production of cotton is estimated at 33.60 million bales for the year 2016-17. Cotton prices in spot market dropped by 140.00 rupees and settled at 21180.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co