Cotton prices gained as demand from textile sector increased as dwindling supplies in the domestic market.
Total cotton 2015-16 production estimates slumped 10.73% to 34.1 million bales as compared last year on pest infestation, CAI said.
India has revised its production estimates of cotton downwardly to 30.7 million bales down by 12% on year, government data showed.
Cotton prices in spot market gained by 60.00 rupees and settled at 17380.00 rupees.
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