Tuesday 26 February 2019

Cotton Prices Gained On Reports Of Lower Than Expected Production Prospects

Cotton trading range for the day is 20420-20780.

Cotton prices gained on reports of lower than expected production prospects in the country.

India's cotton production is expected to dip by 7% due to insufficient rainfall in major growing regions.

ICAC stated that India's cotton production is expected to dip by 7% due to insufficient rainfall in major growing regions.

Cotton prices in spot market dropped by 130.00 rupees and settled at 20240.00 rupees.

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