Cotton prices are ruling firm in the spot as well as in futures market

Cotton prices are ruling firm in the spot as well as in futures market on subdued arrivals in the physical market. Farmers are holding their stocks because of ...

December 09, 2016 / 05:00 IST

Cotton prices are ruling firm in the spot as well as in futures market on subdued arrivals in the physical market. Farmers are holding their stocks because of currency shortage in the market. As per reports, India has contracted around 6 lakh bales for export to countries including Bangladesh and Vietnam and traders are finding it difficult to meet contractual obligations because of supply shortage in the physical market.By: Skymetweather.com

first published: Dec 9, 2016 05:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347