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Better grades of lint kept the physical prices stable while trading volumes in second grade of cotton remained on the higher side during the trading session in major stations of Punjab and Sindh.

Buyers in anticipation of an upward change in prices in the upcoming trading sessions made forward deals of better grades. Buyers made forward deals for a month period at around Rs 6,550 per maund and Rs 6,600 per maund.

Buyers purchased commodity at a premium price and mills consolidated their inventories in anticipating paucity in coming trading sessions at lint market.

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Demand of better grades of white gold likely to keep prices steady while better grades of lint would fetch better prices above Rs 6,450 per maund with buyers making deals in all grades of cotton. The leading buyers made forward deals to consolidate their long positions.

Related Keywords: amid firm spot rate at Karachi Cotton Association, better grades of lint, buyers consolidated their future positions, cotton bales, domestic market, fresh fine lots, making forward deals, on sellers asking price, pushing physical prices in green zone, remained grade selective, Sindh and Punjab stations, Trading at cotton market

Trading at cotton market remained grade selective while buyers consolidated their future positions with fresh fine lots making forward deals for better grades of lint on sellers' asking price pushing physical prices in green zone amid firm spot rate of Rs6,100 per maund at Karachi Cotton Association (KCA), traders said.

Floor brokers said that buyers bought all grades at around Rs 6,275 per maund to Rs 6,500 per maund and deals for fine and second grade lint for blending purpose remained sound that changed hands at around Rs 6,750 per maund on average during trading session.

Related Keywords: better grades of lint, buyers made deals on slightly higher prices, domestic market, firm physical prices, Forward deals changed hands, Karachi Cotton Association, KCE, mills and spinners remained eager for quality lint, Moderate trading seen at the lint market, slightly higher price, trading activity remain slow

Moderate trading seen at the lint market with firm physical prices, while buyers made deals on slightly higher prices. Forward deals also changed hands for better grades of lint on slightly higher price at around Rs6,600 per maund in Sindh and Punjab stations. The Karachi Cotton Association (KCA) kept the spot rate at Rs 6,700 per maund.

According to floor brokers, buyers made deals for all grades besides deals for better and second grade of lint for blending purpose remained firm and deals changed hands at around Rs 6,575 per maund to Rs 7,000 per maund during the trading session.