Related Keywords: amid easing physical price, Buyers made selective deals on day basis, dull trading, forward deals in second grade lint, high demand despite meager supply, KCA, paucity of better grades, spot rate, witnessed at lint market
Dull trading was witnessed at lint market on paucity of better grades amid easing physical price, traders said. Buyers made selective deals on day basis and forward deals in second grade lint due to which it remained in high demand despite meager supply, floor brokers said.
Also leading buyers made one month forward deals for better grade during trading in Punjab and Sindh stations.
The buyers bought all grades at around Rs 5,000 per maund to 6,200 per maund, traders at the Karachi Cotton Association (KCA) said.