EPIC RESEARCH NCDEX UPDATE OF COTTON 28 SEPTEMBER 2016

Cotton trading range for the day is 20170-20570. Cotton prices ended with gains tracking firmness in spot demand and overseas prices on weak harvesting in US which are supporting prices. Cotton yield for 2016-17 is expected to jump by 18% to 558 kilogram per hectare compared to year ago. The USDA’s weekly crop progress report showed after market close showed that 48% of cotton crops in US were in good-to-excellent condition Cotton prices in spot market dropped by 160.00 rupees and settled at 22250.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co