Cotton prices dropped on reports good progress of cotton in north India.
As per latest data from Agricultural Ministry, cotton is planted in 12.18 lakh hectares (l ha) as on now, higher by 29.7% compared to last year acreage of 9.40 l ha.
As per ICAC, Cotton area in India is forecast to expand by 7% to 11.3 million hectares, and assuming yield is similar to the 4-year average.
Cotton prices in spot market dropped by 190.00 rupees and settled at 20310.00 rupees.
EPIC RESEARCH NCDEX UPDATE OF COTTON 4 AUGUST 2017
Cotton trading range for the day is 18350-18710.
Cotton ended with gains as the India’s cotton output in the forthcoming 2017-18 season starting October is seen increasing by 10-15 per cent
Besides, a favourable monsoon …Read More
EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 4 AUGUST 2017
Cardamom trading range for the day is 1081-1167.6.
Cardamom prices ended with gains on account of good buying support from both exporters and upcountry buyers.
Prices also seen supported following apprehensions abo…Read More
EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 8 AUGUST 2017
Cardamom trading range for the day is 1075.3-1115.1.
Cardamom dropped on profit booking after prices gained amid lower than expected output due to weak rains in Kerala and Tamil Nadu.
Arrivals are below expectation…Read More
EPIC RESEARCH NCDEX UPDATE OF COTTON 8 AUGUST 2017
Cotton trading range for the day is 18447-19007.
Cotton ended with gains on concern over loss due to heavy rains.
Moreover, as per farm ministry, incidents of pink bollworm attacks have been reported in many parts of key…Read More
EPIC RESEARCH NCDEX UPDATE OF JEERA 8 AUGUST 2017
Jeera trading range for the day is 19300-19830.
Jeera dropped on profit booking after prices gained on tight stocks and hopes for domestic as well exporters buying in the coming days.
Jeera stocks in all the major produc…Read More
6/08/2017 12:30:00 PM
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