Cotton trading range for the day is 18760-19320. Cotton prices ended with losses due to sluggish demand from traders and stockists at the spot market. Gujarat Chief Minister Vijay Rupani announced to give a bonus of Rs 500 per quintal for buying cotton (Kapas) from farmers.USDA maintained India's 2017-18 cotton output at 30 million bales (480 lb bales) for October month unchanged from last month. Cotton prices in spot market dropped by 180.00 rupees and settled at 18760.00 rupees.
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