Cotton trading range for the day is 18967-19527.Cotton prices ended with gains on reports of loss in production due to pest attack in major growing regions China 2017/18 cotton output seen at 5.47 mln tonnes, up from previous forecast of 5.32 mln tonnes. International Cotton Advisory Committee (ICAC) projected world’s cotton output to rise by 10% to 25.5 million tonnes in 2017-18. Cotton prices in spot market dropped by 20.00 rupees and settled at 18750.00 rupees.

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