Cotton market showing signs of pressure: CAI

Financial Express |Oct 05,2017

The cotton market is beginning to show signs of pressure, top officials of the Cotton Association of India (CAI) said. According to Nayan Mirani, its outgoing president, there is going to be a lot of cotton the world over.“Cotton prices are likely to witness a depressing trend. The supply situation will dictate the price, while other factors may also factor into the price situation,” he said, addressing the 95th AGM of the association. “In spite of reports of losses due to recent hurricanes in the US cotton belt, the size of the US crop is expected to be larger…

Source:http://www.financialexpress.com/market/commodities/cotton-market-showing-signs-of-pressure-cai/882875/

2017-10-05T17:13:13+00:00 October 5th, 2017|Agri Commodities|