Related Keywords: amid hovering fears of rise in rates, cotton bales, Cotton market, mills and spinners, official spot rate remain unchanged, replenish stock, seed cotton prices, seen making fresh buying
Mills and spinners were seen making fresh buying amid hovering fears of rise in rates to replenish their stock at cotton market, dealers said. The official spot rate remain unchanged at Rs 5,900.
In Sindh, seed cotton prices at Rs 3100-3200 and in Punjab rates of Phutti were at Rs 2900-3100, as per 40 kg, dealers said. In ready business, over 13000 bales of cotton changed hands between Rs 6000 and Rs 6250.
