8/21/2017 12:38:00 PM
- Cotton trading range for the day is 18067-18567.
- Cotton prices dropped due to amid sluggish demand despite of reports of crop damage.
- Downside seen limited on concerns over crop damages in central region following increasing incidence of pink bollworm pest attack.
- All India cotton arrivals are estimated at around 3,600 bales compared to 3,400 bales in the previous day.
- Cotton prices in spot market gained by 30.00 rupees and settled at 20440.00 rupees.
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