Cotton edged higher due to lower output from major producing belts on account of delayed arrival of monsoon.
Cotton acreage is likely to drop by 20% in season 2016-17 in Punjab and Haryana.
Total cotton 2015-16 production estimates slumped 10.73% to 34.1 million bales as compared last year on pest infestation, CAI said.
Cotton prices in spot market gained by 140.00 rupees and settled at 18870.00 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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