EPIC RESEARCH NCDEX UPDATE OF COTTON 15 MARCH 2017 ~ Agri Commodity Tips Provider

Wednesday, March 15, 2017

EPIC RESEARCH NCDEX UPDATE OF COTTON 15 MARCH 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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Wednesday, March 15, 2017