Cotton trading range for the day is 20550-21270. Cotton prices dropped
due to subdued demand from domestic mills. In its first estimate, the
Cotton Association of India (CAI), has pegged the output for the year
starting October 2016 at 336 lakh bales. As per latest estimate by
government, cotton is planted in 102 lh in the country, down by 11.3%
against 115.2 lh last year. Cotton prices in spot market gained by 60.00
rupees and settled at 23200.00 rupees. For more information ✆ -
0731-6642300 Visit http://www.epicresearch.co
Friday, September 23, 2016
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