Cotton futures edged down on MCX due to good progress in cotton sowing in the country. Besides, weak demand from traders and stockists also fuelled the downtrend. The contract for July delivery was trading at Rs 19970.00, down by 0.10% or Rs 20.00 from its previous closing of Rs 19990.00. The open interest of the contract stood at 4565 lots.

The contract for October delivery was trading at Rs 18430.00, down by 0.70% or Rs 130.00 from its previous closing of Rs 18560.00. The open interest of the contract stood at 566 lots on MCX.

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