EPIC RESEARCH NCDEX UPDATE OF COTTON 25 October 2016

Cotton trading range for the day is 18793-19173. Cotton prices ended with losses on increasing domestic arrivals in the country. Indian arrivals picked up close to 90,000 bales per day, about 25,000 bales of cotton are arriving in Gujarat on daily average basis. India continued to import in the month of October and so far close to 230,000 bales have been imported till Oct 18. Cotton prices in spot market dropped by 800.00 rupees and settled at 18610.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300