Friday, September 16, 2016

Cotton trading range for the day is 20313-20693. Cotton prices gained due to dwindling supplies and expectation of lower cotton production in the country. The CAI has pegged the output for the year starting October 2016 at 336 lakh bales of 170 kg each in line with the production in the previous year. In 2016/17, world cotton consumption is expected to exceed world cotton production by 1.4 million tons, down 7% from 2015/16. Cotton prices in spot market gained by 240 rupees and settled at 21740.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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