Cotton trading range for the day is 18773-19073.Cotton dropped on profit booking after prices gained on expectation of big fall in output due to pink bollworm attacks in some states. According to trade sources, about 60 lakh bales have arrived in the Indian markets this season compared to 47.3 lakh bales last year till Dec 1.At a time when cotton has started to arrive in the market, the CC) has begun procurement operations at select places in Gujarat and Telangana.Cotton prices in spot market dropped by 10.00 rupees and settled at 18580.00 rupees.
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