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Related Keywords: 450 per maund, all grades of cotton, better grades of lint, buyers making deals, consolidate their long positions, Demand of better grades of white gold, fetch better prices above Rs 6, leading buyers made forward deals, likely to keep prices steady, Raw grades of lint, replenished their second grade of lint stocks, spinners and mills

Demand of better grades of white gold likely to keep prices steady while better grades of lint would fetch better prices above Rs 6,450 per maund with buyers making deals in all grades of cotton. The leading buyers made forward deals to consolidate their long positions.

Related Keywords: buyers are eyeing on imports, buyers making deals, Buyers with less liquidity bought better grades, by more than three million bales crop season, fibre traders, forward deals changed hands for better grades, Karachi Cotton Association, remained at moderate pace, second grade of lint, spot rate cotton output decline, Trading in lint market

Trading in lint market remained at moderate pace with buyers making deals for second grade of lint while forward deals also changed hands for better grades, fibre traders said.

Firmness of physical prices provided weak sellers to fetch better bottom-line price. Buyers with less liquidity bought better grades according to their immediate need while weak sellers withholding raw grade of lint offloaded their stocks on better price-parity level, floor brokers said.

Lint market sentiments remained firm on forward trading, traders at the Karachi Cotton Association (KCA) said.

Related Keywords: buyers making deals, Cotton market, domestic market, growing demand of cloth and yarn, KCA, moderate trading activity, Punjab ginners, quality lint, Sindh ginners, slightly higher prices, spot rate, trading session

Cotton market on Wednesday witnessed moderate trading activity with buyers making deals for quality lint on slightly higher prices at around Rs 5,375 per maund during the trading session. Roughly1000 bales changed hands. In domestic market, buyers would remain eye on quality lint on the back of growing demand of cloth and yarn.