Cotton trading range for the day is 20003-20323. Cotton prices edged lower due to expectation of good arrivals from major growing regions. Though, some losses were capped as cotton export is estimated to increase by 15% to 67 lakh bales. Despite crop damages in Maharashtra and Telangana, overall production for 2017-18 is likely to be higher on increased yield realization. Cotton prices in spot market dropped by 180.00 rupees and settled at 19580.00 rupees.
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