Cotton Prices Ended With Flat Note

Cotton prices ended with flat note due to expectation of higher production from major producing belts. Though, rising export demand capped some losses in cotton prices. India's cotton arrivals falls 5% to 12.83 million bales until Jan 19 on late commencement of supplies though output for the 2016-17 is expected to higher. Last year arrivals till date stood at 13.51 million bales, according to CCI (Cotton Corporation of India) data. Cotton inflow in north India (Comprising Punjab, Haryana and Rajasthan) grew to 2.67 million bales from 2.18 million bales a year ago.

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