EPIC RESEARCH NCDEX UPDATE OF COTTON 05 DECEMBER 2016

Cotton trading range for the day is 18997-19337. Cotton prices dropped on subdued demand from bulk consumers and falling exports. Also, cotton prices have come down further as the arrivals improve to more than 125,000 bales. During October, China imported 128,349 tons of cotton yarn as compared to 162,341 tons a year earlier. Cotton prices in spot market gained by 120.00 rupees and settled at 18950.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300