Cotton trading range for the day is 19877-20277.Cotton prices gained on short covering after prices dropped on improved supply prospects and lack of demand. Expectation of good arrivals from major growing regions and tepid industrial demand caused downward movement in prices. Overall production for 2017-18 is likely to be higher on increased yield realisation in Punjab, Haryana and Rajasthan. Cotton prices in spot market dropped by 60.00 rupees and settled at 19500.00 rupees.
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