Cotton trading range for the day is 17897-18297.
Cotton prices dropped due to weak demand from traders and stockists at the spot market.
Though, lesser sowing area in major producing belts of Punjab and Haryana, capped some losses in cotton prices.
Total cotton 2015-16 production estimates slumped 10.73% to 34.15 million bales as compared last year on pest infestation, CAI said.
Cotton prices in spot market gained by 10.00 rupees and settled at 17850.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Cotton prices dropped due to weak demand from traders and stockists at the spot market.
Though, lesser sowing area in major producing belts of Punjab and Haryana, capped some losses in cotton prices.
Total cotton 2015-16 production estimates slumped 10.73% to 34.15 million bales as compared last year on pest infestation, CAI said.
Cotton prices in spot market gained by 10.00 rupees and settled at 17850.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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