Related Keywords: boost activity, capital shortage, cotton yarn, Karachi cotton exchange, maintain inventories, Pakistan cotton market, slowdown in sale, textile mill owner, trade turnover, world cotton market
Pakistan textile mill-owners to maintain their inventories on the higher side resumed purchasing, which helped boost activity at the cotton market with trade turnover of cotton improving by 16 percent to 19,200 bales (155 kilograms).
However, the trade activity was comparatively low due to slowdown in the sales of cotton yarn , a dealer said on Monday.
According to a broker at the Karachi Cotton Exchange, big textile mills maintain, at least, three-month stock of cotton in hands.
