Cotton Complex Prices Closed

Cotton complex prices closed on mixed note on Thursday as cotton arrivals are peaking up in the physical market. It is estimated that the arrival will be peaking up after the Diwali. Recently, Cotton Advisory Board (CAB), estimated higher cotton production and lower exports in the 2016-17 season. NCDEX Kapas for Apr’17 closed 0.33% down while MCX Oct’16 cotton closed higher by 0.16%.

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