3/29/2017 12:29:00 PM
- Cotton trading range for the day is 20860-21220.
- Cotton gained short covering after prices dropped due to higher stock positions following rising arrivals
- Prices of cotton were down as arrivals following reports of higher cotton acreages in northern region.
- CAI estimated 34.1 million bales output in the year 2016-17 which is higher by 1% as compared to 33.8 million bales produced last year.
- Cotton prices in spot market gained by 30.00 rupees and settled at 20990.00 rupees.
Wednesday, March 29, 2017
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3/29/2017 12:29:00 PM
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