Tuesday 28 June 2016

EPIC RESEARCH NCDEX COTTON UPDATE OF 28 JUNE 2016

Cotton trading range for the day is 19323-19783. Cotton prices rallied on weak sowing prospects in domestic markets. Large drop in sowing due to late and below normal rains are pushing the prices of cotton. About cotton sowing stood lower at 1.9 million hectare as against 3.48 million hectares a year ago. Cotton prices in spot market gained by 230.00 rupees and settled at 19740.00 rupees.
For more information and accurate  NCDEX Tips ✆ – 0731-6642300
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