EPIC RESEARCH NCDEX UPDATE OF COTTON 24 November 2016

Cotton trading range for the day is 18987-19347. Cotton prices dropped due to weak demand from traders and stockists in the spot market.# Cotton output in 2016-17 is likely to rise by 3.8 per cent in from a year ago due to a sharp increase in yield. India's cotton exports in 2016/17 are likely to fall 28 percent from a year ago to 5 million bales Cotton prices in spot market dropped by 180.00 rupees and settled at 18900.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300