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08-Aug2018

Cotton futures exhibit mixed trend on MCX

Cotton futures showed mixed trend on MCX as October contract edged lower on muted demand from domestic mills at the spot market, while November contract edged higher on lower production from major producing regions.

The contract for October delivery was trading at Rs 23950.00, down by 0.17% or Rs 40.00 from its previous closing of Rs 23990.00. The open interest of the contract stood at 4077 lots.

The contract for November delivery was trading at Rs 23560.00, up by 0.04% or Rs 10.00 from its previous closing of Rs 23550.00. The open interest of the contract stood at 2494 lots on MCX.

 


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