Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cotton  :  Cotton futures edge down on easing demand

19-Sep2018

Cotton futures edge down on easing demand

Cotton futures edged down on MCX amid easing demand from traders and stockists at the spot market. Though, expectation of cotton production to decline in Gujarat due to erratic rainfall capped some losses in cotton futures.

The contract for October delivery was trading at Rs 22420.00, down by 0.09% or Rs 20.00 from its previous closing of Rs 22440.00. The open interest of the contract stood at 3428 lots.

The contract for November delivery was trading at Rs 22320.00, down by 0.22% or Rs 50.00 from its previous closing of Rs 22370.00. The open interest of the contract stood at 2771 lots on MCX.


Related News

View all news

Cotton futures trade marginally higher on rising demand

Cotton futures traded marginally higher on MCX on rising demand from domestic mills at the spot market. Besides, the reports of lower production from major producing regions by Cotton Association of India......

Cotton futures edge lower on muted demand

Cotton futures edged lower on MCX due to muted demand from domestic mills at the spot market. Though, the reports of lower production from major growing regions by Cotton Association of India (CAI), capped......

Cotton futures edge higher on improved demand

Cotton futures edged higher on MCX amid improved demand from traders and stockists at the spot market. Besides, Cotton Association of India cuts 2018- 19 production estimate by 3 lakh bales to 340.25 lakh......

Top News

View all news

Maruti Suzuki opens bookings for New Baleno

Maruti Suzuki India has opened bookings for the new edition of India's most preferred premium hatchback, Baleno. New Baleno, the style icon of Nexa has been refreshed with a fresh sense of premium-ness......

SpiceJet reports passenger load factor of 92.7% in December

SpiceJet has reported the Passenger Load Factor (PLF) of 92.7% during the month of December 2018. The company had reported PLF of 91.1% during the month of November 2018.The PLF is a key indicator of the......

InterGlobe Aviation reports passenger load factor of 88.9% in December

InterGlobe Aviation (IndiGo) has reported the Passenger Load Factor (PLF) of 88.9% during the month of December 2018. The company had reported PLF of 84.9% during November 2018. The PLF is a key indicator......