EPIC RESEARCH NCDEX UPDATE OF COTTON 09 DECEMBER 2016

Cotton trading range for the day is 18607-18927. Cotton prices ended with losses due to subdued demand from domestic mills in the spot market. For the current season, cotton arrivals in the country are pegged at 45.43 lakh bales (lb) as on now. India's cotton exports are seen falling 34% on year to 825,000 tonnes in 2016-17 (Oct-Sep). Cotton prices in spot market dropped by 90.00 rupees and settled at 18630.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300