EPIC RESEARCH NCDEX UPDATE OF COTTON 16 AUGUST 2017

• Cotton trading range for the day is 18147-18787.
  
• Cotton prices ended with losses due to subdued demand from domestic mills at the spot market.
• USDA in its WASDE predicted India's 2017-18 fibre consumption to fall to 24.50 million tons compared to 24.75 million in the month of July.
• This season cotton crop sowing is completed in 11.7 million hectares against 9.90 million hectares in the same period last year.
• Cotton prices in spot market gained by 120.00 rupees and settled at 20530.00 rupees.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co