Cotton trading range for the day is 19797-20297. Cotton prices dropped on profit booking after prices seen supported amid expectations of robust demand and buying at lower level. India's cotton arrivals during current year 2017-18 recorded a growth of 18% and reached to 16.5 million bales due to increased output. Despite reports of losses due to Pink Bollworm, in Telangana cotton arrivals spurted to 2.75 million bales from 1.8 million bales a year ago. Cotton prices in spot market drop.
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