EPIC RESEARCH NCDEX UPDATE OF COTTON 13 October 2016

Cotton trading range for the day is 19173-19513. Cotton prices ended with losses after government estimated higher production estimates for 2016-17. Buying activities are subdued in physical market while export demand is also negligible at current time. Despite lower area coverage, higher productivity of Cotton has resulted in to higher production of 32.12 million bales. Cotton prices in spot market dropped by 580.00 rupees and settled at 21630.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co