11/22/2017 01:22:00 PM
- Cotton trading range for the day is 18300-18760.
- Cotton gains on short covering after prices dropped on fresh offerings as daily arrivals improved slightly over 150,000 bale.
- CAI projected India's cotton crop output for the 2017-18 season at 37.5 million bales which is higher by 3.77 million bales.
- CAI estimates the total cotton supply for the crop season 2017-18 at 42.2 million bales including the opening stock of 3 million bales at the beginning of the year.
- Cotton prices in spot market dropped by 10.00 rupees and settled at 18200.00 rupees.
Wednesday, November 22, 2017
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11/22/2017 01:22:00 PM
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