11/13/2018 11:35:00 AM
- Cotton trading range for the day is 22140-22740.
- Cotton prices gained on low arrivals and due to lower production forecast.
- Cotton production in 2018-19 is likely to fall 4.7% from the previous season to 34.8 million bales due to scanty rainfall.
- Indian Cotton Federation (ICF) said that the availability of cotton in the country would be comfortable in 2018-19 seasons.
- Cotton prices in spot market dropped by 330.00 rupees and settled at 22190.00 rupees.
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