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Range-bound trading was witnessed at lint market

Related Keywords: buyers made forward deals, consolidated their long positions, cotton bales, focus remained on fine lint, ginning units, Karachi Cotton Association, Mills, monthe period, Pakistan lint market, quality lint, range bound trading activity, slightly higher prices, spot rate, textile group, trading session, unchanged

At the lint market focus remained on fine lint keep trading activity range-bound, and the Karachi Cotton Association (KCA) spot rate remained unchanged at Rs5,3000 per maund. During the trading session, buyers made forward deals for quality lint for a month period on slightly higher prices at around Rs 5,650 per maund, said floor brokers. Around 300 bales changed hands.

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