COTTONGURU™ Daily Report

Posted on Updated on

Arrivals as on 18/08/17 is about 0.02 lakh bales.
Market: Steady
1) MCX
Oct: 18440 (90)
Nov: 17910 (90)
Dec: 17820 (60)

2) India cotton export reduce, Import Increase – Textile commissioner
*2016/17 cotton imports at 2.6 million bales versus 2.28 million bales year ago – India’s textile commissioner Kavita Gupta says on Friday
*2016/17 cotton output at 34.5 million bales versus 33.2 million bales year ago
*2016/17 cotton exports at 6 million bales versus 6.9 million bales year ago
*India cotton financial year runs from October to September

Source: Market Mirror

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