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COTTON Highlights from 01-15, Jan 2015

After the initial rise in the first week, the cotton prices declined marginally in the second week. International cotton market showed strong outlook and prices went up due to improved downstream demand and bullish market fundamentals during last fortnight. China cotton market remained lacklustre and prices went down due to New Year holidays and bearish market outlook. In India, Cotton market remained mediocre amid weak buying activities as downstream buyers kept wait-and-see stance with the expectation of decline in prices in the short run during last fortnight.

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