6/09/2017 02:50:00 PM
- Cotton trading range for the day is 20523-20863.
- Cotton ended with gains tracking firmness in spot demand after prices dropped on reports good progress of cotton sowing.
- As per latest data from Agricultural Ministry, cotton is planted in 12.18 lakh hectares as on now, higher by 29.7%.
- As per ICAC, Cotton area in India is forecast to expand by 7% to 11.3 million hectares.
- Cotton prices in spot market gained by 140.00 rupees and settled at 20450.00 rupees.
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