EPIC RESEARCH NCDEX UPDATE OF COTTON 6 FEBRUARY 2017

Cotton trading range for the day is 20557-20997. Cotton prices settled flat due to weak demand from domestic mills at the spot market. India's cotton arrivals falls 5% to 12.83 mln bales on late commencement of supplies though output for the 2016-17 is expected to higher. Last year arrivals till date stood at 13.51 million bales, according to CCI (Cotton Corporation of India) data. Cotton prices in spot market dropped by 20.00 rupees and settled at 20660.00 rupees. 

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