India: MCX follows bullish trend

MCX cotton futures ended yesterday’s session with very substantial gains in the active contracts and have advanced strongly again so far today.

By around 16.50 IST, the October contract had last traded at ₹30,810 (₹64,450 per candy), an increase of ₹1,450 from yesterday’s close. By the same time, 2,139 lots (53,475 bales) had been traded, already above the 1,923 lots (48,075) that changed hands in yesterday’s session.

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Posted in: Cotlook Headlines