- Cotton trading range for the day is 22637-23057.
- Cotton prices gained due to rising demand from domestic mills at the spot market.
- Though, some gains were capped on reports of improvement in acreage and lesser pest attacks in Maharashtra.
- India is likely to export 7 million bales of cotton in 2018-19, down 30% from an earlier estimate.
- Cotton prices in spot market dropped by 40.00 rupees and settled at 23060.00 rupees.
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