Related Keywords: buyer and seller, buyers keen for fine grade quality lint, deals on slightly higher prices, KCA, Pakistan cotton market, remained entangled in price war, second grade stuffsecond grade stuff, spot rate unchanged, textile sector, trading session
Buyers at the cotton market remained keen for fine grade quality lint and made deals on slightly higher prices at around Rs5,500 per maund on Monday during the trading session. About 3,000 bales changed hands.
The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,250 per maund.
According to senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff. Some buyer to cater their immediate need went ahead to purchase the grade at around Rs 5,225 per maund.
