Cotton Futures On MCX Closed Lower

Cotton futures on MCX closed lower for the week due to technical selling on prospects that there are higher stocks available with the farmers and stockists. The cotton arrivals are in full swing and gap of arrivals compared to last year has narrowed down. South Indian Textile mills have started to import cotton from West Africa and the US as the landed costs are on par with the prevailing market price in the country.

For Quick Trial – 8962000225 ✔
or mail us here:
✆ - 0731-6554125 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717
NewerStories OlderStories Home