Monday, January 2, 2017

Cotton trading range for the day is 19190-19410. Cotton prices ended with gains due to limited arrivals from major growing regions. Though, some gains were capped on expectation of weak export demand by ICRA. In 2016/17, China’s total ending stocks are projected at 47.8 million bales, compared with 66.9 million bales just 2 years ago Cotton prices in spot market gained by 100.00 rupees and settled at 19130.00 rupees.

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