EPIC RESEARCH NCDEX UPDATE OF COTTON 09 SEPTEMBER 2016

Cotton trading range for the day is 19650-20430. Cotton prices gained due to improved demand from traders and stockists at the spot market. Cotton sowing in Gujarat, major fibre producing state, slumped by 13% to 2.38 million hectares up-till Sep 8 on late arrivals of monsoon. Total cotton sowing till Sep 8 at 2.38 million hectares compared to previous year sowing of 2.75 million hectares. Cotton prices in spot market gained by 40.00 rupees and settled at 20690.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co