Cotton trading range for the day is 19880-20580. Cotton prices gained due to rising demand from traders and stockists at the spot market. Besides, lower cotton production than estimated for 2017-18, as pink bollworm infestations have affected the crop yield. Cotton Advisory Board (CAB) projected India's cotton output at 37.7 million bales up from 34.5 million bales a year ago. Cotton prices in spot market gained by 50.00 rupees and settled at 19320.00 rupees.
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