Cotton Futures Exhibit Mixed Trend On MCX - Today Cotton News>> Ripples Advisory

Cotton futures showed mixed trend on MCX as July contract edged higher on rising demand from traders and stockists at the spot market while, October contract edged lower on reports of good sowing progress in India, China and the US. The contract for July delivery was trading at Rs 20080.00, up by 0.35% or Rs 70.00 from its previous closing of Rs 20010.00. The open interest of the contract stood at 6073 lots.

The contract for October delivery was trading at Rs 18400.00, down by 0.05% or Rs 10.00 from its previous closing of Rs 18410.00. The open interest of the contract stood at 348 lots on MCX.

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