Related Keywords: acute shortage of irrigation water, back of depleting stocks, Better grades of lint remained in demand, buyers eyeing influx of better cottonseed in the ginneries, demand for other grades of lint would not gain momentum, fear of adverse impact on cotton production, prices remained higher, spot rates firm, Trading at the lint market remained thin
Trading at the lint market remained thin as prices remained higher and spot rates firm. Better grades of lint remained in demand on the back of depleting stocks and demand for other grades of lint would not gain momentum as buyers were eyeing influx of better cottonseed in the ginneries, brokers said.
Also fear of adverse impact on cotton production due to acute shortage of irrigation water kept buyers in the forefront.