Cotton trading range for the day is 20500-20860.
Cotton prices gained as lower output estimates revived buying interest.
ICAC recently stated that India's cotton production is expected to dip by 7% due to insufficient rainfall in major growing regions
Cotton output in China is expected to increase by about 1% to 5.94 million tons this year.
Cotton prices gained as lower output estimates revived buying interest.
ICAC recently stated that India's cotton production is expected to dip by 7% due to insufficient rainfall in major growing regions
Cotton output in China is expected to increase by about 1% to 5.94 million tons this year.
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