Tuesday, July 18, 2017


  • Cotton trading range for the day is 19783-20403.
  • Cotton prices ended with losses on expectation of higher output following robust sowing activity.
  • USDA forecast fibre demand in the domestic market to jump to 24.75 million tons compared to 24.20 million tons from the previous estimates.
  • USDA trimmed forecast for United States cotton output marginally to 19 million bales against 19.20 million bales last year.
  • Cotton prices in spot market gained by 30.00 rupees and settled at 20280.00 rupees.

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