9/01/2017 12:56:00 PM
- Cotton trading range for the day is 18430-18810.
- Cotton ended with losses on expectation of higher output in the crop year 2017-18 following increased acreages area.
- This year cotton acreage rose 16.7% to 11.9 million hectares until Aug 25 compared to 10.2 million hectares in the same period last year.
- Indian cotton Federation expects cotton output to rise by 10-15% in 2017-18 season on higher acreage.
- Cotton prices in spot market dropped by 130.00 rupees and settled at 20220.00 rupees.
Friday, September 1, 2017
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9/01/2017 12:56:00 PM
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