9/07/2018 01:40:00 PM
- Cotton trading range for the day is 22683-22963
- Cotton prices traded in range on expectations of higher yield and robust demand.
- Anticipation of strong demand will be met by higher yields which inturn restricted price rise.
- All India yields are forecast at 526 kilogram per hectare in 2018-19, 3-4% higher compared to yields in marketing year 2017-18.
- Cotton prices in spot market dropped by 40.00 rupees and settled at 23060.00 rupees.
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