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28-Dec2018

Cotton futures edge down on easing demand

Cotton futures edged down on MCX due to easing demand from domestic mills at the spot market. Though, some losses were capped on fall in production from major producing regions.   

The contract for December delivery was trading at Rs 20560.00, down by 0.24% or Rs 50.00 from its previous closing of Rs 20610.00. The open interest of the contract stood at 1004 lots.

The contract for January delivery was trading at Rs 20890.00, down by 0.29% or Rs 60.00 from its previous closing of Rs 20950.00. The open interest of the contract stood at 7774 lots on MCX.


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