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Better volumes of second grade of lint kept trading firm

Related Keywords: better benefits of GSP plus status, Better volumes of second grade of lint, bought all grades, buyer remained cautious, buyers in Sindh andPunjab stations, Cotton import from India, cotton sector, decline in spot rate, KCA, kept trading firm, making any big deal, textile sector

Better volumes of second grade of lint kept the trading firm, traders at the Karachi Cotton Association (KCA) said on Tuesday. Buyer remained cautious in making any big deal as they only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate.

KCA kept the spot rate intact at Rs 5,500 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level, said floor brokers.

Pakistani ginners demand ban on cotton and yarn import from India

Related Keywords: area under cotton in pakistan, cotton crop in Pakistan, Cotton import from India, cotton imports in Pakistan, yarn import from india, yarn imports in Pakistan

The Pakistan Cotton Ginners Association (PCGA) has demanded complete ban on the import of cotton lint and yarn from India through Wahga border. The move comes at a time when the prime ministers of both the countries are in discussion to improve trade relation between the two nations.

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