Cotton trading range for the day is 19007-19427. Cotton prices dropped on profit booking after prices gained on the back of bullish reports from global markets.In its November projection, USDA trimmed world's ending stocks to 90.88 million bales from 92.38 million bales in October. The International Cotton Advisory Committee hiked their projection for 2017-18 world cotton production 0.18 million ton to 25.74 million ton. Cotton prices in spot market gained by 180.00 rupees and settled at 18770.00 rupees.
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