Cotton on MCX settled up 0.59% at 18760 due to weak demand from domestic mills. However downside seen limited the arrival of fresh cotton is set to be delayed due to recent rains in Punjab, Haryana and Rajasthan. All India cotton arrivals were at around 2,700 bales on Friday compared to 3,100 bales on the previous day. Fibre arrivals in Gujarat were 600 bales compared to 500 bales on the previous day. In Maharashtra, cotton arrivals of old stock is stagnant as growers are entering the market with new arrivals.

Trading Ideas:

* Cotton trading range for the day is 18500-18920.

* Cotton ended with gains due to weak demand from domestic mills.

* However downside seen limited the arrival of fresh cotton is set to be delayed due to recent rains in Punjab, Haryana and Rajasthan.

* All India cotton arrivals were at around 2,700 bales on Friday compared to 3,100 bales on the previous day.

* Cotton prices in spot market gained by 170.00 rupees and settled at 20390.00 rupees.

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