Cotton trading range for the day is 19863-20923. Cotton prices dropped
after government estimated higher production for 2016-17. However
downside seen limited amid tight stock position on account of delay in
arrivals of new crop due to rains in major producing belts of Gujarat.
Cotton production is likely to double this year in Australia as rainfall
is helping irrigators and dryland farmers to plant more cotton. Cotton
prices in spot market dropped by 270.00 rupees and settled at 22930.00
rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Monday, September 26, 2016
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