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Cottonseed prices trading higher in Gujarat.

Cottonseed prices in Gujarat have increased in this week amid improved demand for raw cotton in the market mainly from spinning and ginning mills. Cottonseed prices are currently ranging between Rs. 8,500 to Rs. 10,500 per quintal. As per Agriwatch estimate, cotton production in Gujarat is expected to be lower in 2021-22 season because of lesser sown area around 22.53 lakh hectares as compared to 25.53 lakh hectares in the previous season.