Wednesday, March 15, 2017

  • Cotton trading range for the day is 20800-21360. 
  • Cotton prices ended with losses on oversupply woes and weak demand.
  • India's cotton production is projected to rise by 2% to 5.9 million tons as area expands by 7% to 11.2 million hectares.
  • China sold 27,200 tons out of 32,100 tons offered on March 13 with the average prices of yuan 14,905 tons.
  • Cotton prices in spot market dropped by 70.00 rupees and settled at 20730.00 rupees.
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