Tuesday, 13 November 2018

Cotton Prices Gained On Low Arrivals And Due To Lower Production Forecast

Cotton trading range for the day is 22140-22740.

Cotton prices gained on low arrivals and due to lower production forecast.

Cotton production in 2018-19 is likely to fall 4.7% from the previous season to 34.8 million bales due to scanty rainfall.

Indian Cotton Federation said that the availability of cotton in the country would be comfortable in 2018-19 seasons.
  
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