Cotton prices to trade sideways to higher,: Angel Commodities


According to Angel Commodities ,We expect cotton prices may trade sideways to higher on dwindling cotton supplies coupled with higher demand from domestic textile units may keep prices supported.


Commodity Last Price Change % Chg Volume High Low Open Interest
FKAPASKLR 4005.00 0.00 0.00 489105 4051.00 3751.00 489105
FKAPSKLREX 3700.00 0.00 0.00 89985 3951.00 3700.00 0
FKPSJLNEX 3415.00 0.00 0.00 21525 3415.00 3375.00 21525
FKPSDHLEXP 3650.00 0.00 0.00 7500 3650.00 3650.00 7500
COTNHMT8 33330.00 0.00 0.00 15 33350.00 31730.00 2
CWOILKDI2 621.40 0.00 0.00 6 621.40 621.40 6
CWOILKDI25 626.00 0.00 0.00 6 626.00 626.00 6
COTNMUM8 4660.01 0.00 0.00 3 0.00 0.00 0

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Cotton area in Punjab, Haryana shrinks 27% this year

27-06-2016| Source:PTI

"Sowing of cotton in Punjab and Haryana has been completed. Total area is down as farmers were scared to grow cotton fearing whitefly pest attack that had damaged the crop massively in these two

Monsoon likely to end late, benefit farmers

25-06-2016| Source:Reuters

Monsoon rains are the lifeblood of India's agriculture-dependent economy and a week's delay in their onset this year has caused the planting of summer-sown crops such as cotton, rice, soybean

Cotton prices to trade higher today: Angel Commodities


According to Angel Commodities ,We expect cotton prices may trade higher on dwindling cotton supplies in spot markets coupled with higher demand from domestic textile units may keep prices supported.

Monsoon rains in India 7% below average in past week

23-06-2016| Source:Reuters

, cotton and pulses.

Jindal Cotex: Outcome of board meeting


Jindal Cotex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 22, 2016, have appointed Ms. Alisha as Non Executive & Independent Director and accepted the resignation Ms. Nisha Rani.

Experts believe new textile policy can create maximum jobs  

22-06-2016| Source:CNBC-TV18

area to focus on should be man-made fibre segment for exports because so for the entire garment exports are around cotton. There is a need for a major shift in policy instruments for that to take place

Cotton prices to trade lower today: Angel Commodities


According to Angel Commodities ,We expect cotton prices may trade lower on expectation of further correction and profit booking at higher levels. However, dwindling cotton supplies in spot markets

No need for licensing pact with GM technology provider: NSAI

22-06-2016| Source:PTI

Under the fresh norm, royalty for the new genetically modified (GM) traits was capped at 10 percent of the maximum sale price of BT cotton seeds for the first 5 years. Eligible seed firms get access

Gokak Textiles: Outcome of board meeting


Gokak Textiles has informed regarding

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