EPIC RESEARCH NCDEX COTTON UPDATE OF 24 JANUARY 2017

Cotton trading range for the day is 20117-20817. Cotton prices ended with gains tracking firmness in spot demand amid lower arrivals in local mandis. India' cotton arrivals up to Jan 19 stood at 12.80 million bales during the 2016-17 marketing season. CAB projected India's 2016-77 cotton output at 35.1 million bales as against 33.8 million bales a year ago Cotton prices in spot market gained by 150.00 rupees and settled at 20410.00 rupees.

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