Related Keywords: big textile miller, cotton production season, decline in cotton price, local market, Pakistan cotton market, prime quality cotton, the Karachi Cotton Exchange
With some few big textile millers returned to local markets to purchase prime quality cotton available at a reasonable price, cotton market in Pakistan witnessed raise in trade turnover at two-week high of 31,800 bales (155 kilograms). As delay in purchase may cost traders lose the opportunity to acquire the available prime quality cotton.
Another reason to rejoin local markets to purchase was that the quality cotton is usually not available at lower price in the end of the cotton production season.