EPIC RESEARCH NCDEX COTTON UPDATE OF 28 JUNE 2017

Cotton trading range for the day is 19590-20030.Cotton prices gained due to improved demand from traders and stockists in the spot market.Though, some gains were capped on anticipation of good production in the next season as sowing progress is good in the country. As per latest data from Agricultural Ministry, cotton is planted in 16.7 lakh hectares till last week, higher by 36.1%.Cotton prices in spot market gained by 20.00 rupees and settled at 20230.00 rupees.



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