Monday, March 20, 2017

  • Cotton trading range for the day is 21193-21593.
  •  Cotton gained after the China Cotton Association released data indicating robust demand for the fiber from the third largest cotton importer.
  •  Chinese imports for last month soared 146% year-on-year to 138,100 tons, according to the China Cotton Association.  
  • The cotton trade body maintains a higher crop size of 34.1 million bales (each of 170 kg) than last year's 33.8 million bales Cotton prices in spot market gained by 20.00 rupees and settled at 20880.00 rupees.
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