EPIC RESEARCH NCDEX UPDATE OF COTTON 7 FEBRUARY 2017

Cotton trading range for the day is 20440-20820. Cotton prices ended with losses due to weak demand from traders and stockists at the spot market. India's cotton arrivals falls 5% to 12.83 million bales on late commencement of supplies though output for the 2016-17 is expected to higher Cotton inflow in north India grew to 2.67 million bales from 2.18 million bales a year ago. Cotton prices in spot market dropped by 300.00 rupees and settled at 20360.00 rupees.

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