Related Keywords: arrival of cotton seed, better grades at slightly higher price, buyers made deals, changing spot rate during trading session, forward deals, KCA, lint market in Pakistan, mills and spinners, Moderate trading
Moderate trading was witnessed at lint market in Pakistan with buyers making deals for better grades on slightly higher price amid changing spot rate during trading sessions past week. Buyers also made some forward deals on back of grade issue at around Rs 5,050 per maund to Rs 5,075 per maund, traders said on Saturday.
According to floor brokers, prices remained within the reach of buyers with some cautious activity. The Karachi Cotton Association (KCA)’s spot rate remained firm to stay at Rs 4,550 per maund.
