Cotton Complex Traded On Mixed Note On Friday

Cotton complex traded on mixed note on Friday on weaker demand in the domestic market. However, CAI’s estimates of reducing production by 5 lakh bales in December compared to estimated done in November capped further loss. Moreover, reports on subdued export as well as domestic demand are pressurizing prices at higher levels. NCDEX Kapas closed 0.42 per cent down while MCX cotton closed higher 0.18 per cent.

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