Friday, February 10, 2017

Cotton trading range for the day is 20550-20710. Cotton prices seen supported due to lower level buying by the market participants  As on Feb 06, 2017 about 167 lakh bales of cotton have arrived in the domestic market.  Market is currently quiet as supplies are tight and the demand is steady which has led to fluctuation in the prices of cotton. Cotton prices in spot market gained by 130.00 rupees and settled at 20360.00 rupees. 
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