Cotton prices rise after last week's fall

The fall in cotton prices last week was short-lived after the cotton advisory board (CAB) reduced the crop estimates for cotton. The CAB, the apex trade body, reduced its estimates for cotton crop in the current cotton year (October-September) by five per cent to 31.2 million bales (1 bale is 170 kg). Cotton prices for the benchmark Shankar-6 variety moved up 7 per cent to Rs 59,000 a candy in

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