11/21/2016 11:11:00 AM
Cotton trading range for the day is 19220-19640. Cotton prices settled flat on profit booking after prices gained due to improved demand for new season crop. According to ICAC, world ending stocks of cotton is likely to decline by 7% to 17.8 million tons in 2016 -17. Government in China sold over 2 million tonne from its reserves from May through September 2016. Cotton prices in spot market gained by 100.00 rupees and settled at 19340.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300
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