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Thursday, July 27, 2017

Commodity Alert: NCDEX kapas up on concerns of crop losses in Gujarat




kapas on the NCDEX was up due to likely crop losses in Gujarat after heavy rain in cotton-producing areas. Although conditions are normal in other cotton-producing states, crop losses in Gujarat can take a toll on total output. Maharashtra, Andhra Pradesh and Telangana are the other major cotton-producing states.



Source: Newswire














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