Related Keywords: bought all grades, buyers in Sindh and Punjab station, capitalize maximum retunrs on proceeds, cotton grower, cotton growing belt, grade-conscious buyers, KCA, made deals on slightly higher price, prices remain under stress condition, selective buying, spot rate, Trading session in lint market
During the trading session in lint market, prices remained under stress condition due to selective buying. However, buyers in Sindh and Punjab stations bought all grades on cautious note as grade issue was continued. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,375 per maund in order to capitalize maximum returns on their proceeds, floor brokers said.
While, traders at the Karachi Cotton Association (KCA) said that grade-conscious buyers made deals on slightly higher price on Thursday.
