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Cotton trade turnover at two months low due to year ending

Related Keywords: busy with year end closing activities, clearing cotton import payments of banks, cotton bales, Increased buying, Karachi Cotton Association, majority of textile mill owners, Pakistan cotton market, remained at two months low, take place next year, Trade turnover of cotton

With majority of textile mill-owners staying busy with year-end closing activities trade turnover of cotton remained at two months low at 3,200 bales (of 155 kilogram each), said dealers on Saturday.

The Karachi Cotton Association reported traders bought 3,200 bales at Rs4,900-5,500/maund (37.324 kilogram) as compared to 11,635 bales bought at Rs4,900-5,600/maund on the previous working day (Wednesday).

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