- Cotton trading range for the day is 20170-20570.
- Cotton gained tracking firmness in spot demand despite of concerns over a potential trade war between United States and China.
- USDA weekly export sales data showed exports of 425,100 running bales, up 3% from the previous week.
- India is likely to produce 36.2 million cotton bales in 2017/18, down 1.4 percent from an earlier estimated.
- Cotton prices in spot market dropped by 60.00 rupees and settled at 19470.00 rupees.
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