EPIC RESEARCH NCDEX UPDATE OF COTTON 25 November 2016

Cotton trading range for the day is 19017-19457. Cotton prices gained amid improved demand from mills and ginners for new season crop. However expectation of good supplies later this month limited the upside. India's cotton output is seen at 351 lakh bales, up 4% from 338 lakh bales a year ago due to good monsoon and minimum pest infestation. Cotton prices in spot market gained by 50.00 rupees and settled at 18950.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300