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Moderate cotton trading witnessed amid firm physical prices

Related Keywords: amid fine grades of lint in focus, blending purposes, cotton bales, Cotton market, Demand for better grades of cotton, Moderate cotton trading witnessed, reinforce long positions, remained on higher side, spinners purchased commodity, trading session in Sindh and Punjab stations

Moderate cotton trading witnessed amid fine grades of lint in focus, during trading session in Sindh and Punjab stations. Demand for better grades of cotton remained on the higher side during trading session and spinners purchased the commodity for blending purposes as well as to reinforce their long positions.

Buyers made deals for all grades of cotton that kept market’s bottom line prices firm. Buyers also made forward deals for second grade of lint at around Rs 6,425-Rs 6,450 per maund.

Demand for better grades of lint remain high at cotton market

Related Keywords: blending purposes, buyers made deals, cotton bales, Cotton market, deals in second grade of lint, demand for better grades of lint, premium price, remained dominant, remained on higher side, Sindh and Punjab stations, strengthen long positions, trading session

During the trading session at cotton market, demand for better grades of lint remained on higher side and buyers made deals on premium price to strengthen their long positions while deals in second grade of lint remained dominant for blending purposes.

Secondary buyers made deals for all grades of lint while dealings in second grade of lint changed hands at around Rs 6,500 per maund to Rs 6,525 per maund.

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