Monday, January 23, 2017

Cotton trading range for the day is 20007-20327. Cotton prices gained on strong demand from bulk consumers. Similarly, below average supply of cotton in current season also keeping demand higher at physical market. Cotton consumption is estimated at 750,000 tons in the 2016-17 season, up 4.2 per cent compared to the previous season Cotton prices in spot market gained by 120.00 rupees and settled at 20260.00 rupees.

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