Wednesday 14 May 2014

Capital stroke NCDEX Update : COTTON 15 MAY 2014


Cotton complex traded on a negative note on Wednesday on weak cotton yarn exports to China coupled with weak overseas markets however, declining arrival pressure and fresh cotton export enquiries supported prices at lower levels. NCDEX Kapas as well as MCX Cotton futures settled 0.16% and 0.2% lower. Cotton Association of India has revised its 2013-14 output marginally higher from its previous estimates.V


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