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Brisk demand for fine and second grade lint kept trading activity moderate at cotton market on Saturday. Moreover buyers made forward deals in all grades that kept market in firm frame past week, said traders at Karachi Cotton Association (KCA).

The KCA kept the spot rate at Rs 6,500 per maund while fine grade fetched better prices at around Rs 6,600 per maund on higher demand.

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At Pakistan cotton market, leading buyers were seen making deals to meet their immediate requirement of lint on back of grade issue and in anticipation of decline in spot rate. Spinners in Sindh and Punjab stations bought fine grades on competitive price at around Rs 5,575 per maund to Rs 5,600 per maund while general buyers made deals for all grades in Punjab and Sindh stations at around Rs 4,975 per maund to Rs 5,200 per maund, traders said on Friday.