Related Keywords: buyers and sellers, cited as another factor, cotton market conditions dull, downward trend in world leading cotton market, impacted domestic market, KCA, low demand for cotton, no transaction, outlook uncertain, PAF, spot rate lowered, staying away from proceedings, undertone was weak, value-added textile sector
With buyers and sellers staying away from the proceedings kept cotton market conditions dull on Tuesday. The undertone was weak and outlook uncertain. However, low demand for cotton from the value-added textile sector is cited as another factor.
Moreover, slow demand for cotton yarn has forced many spinners to move cautiously and avoid building up their inventories.
The downward trend in world leading cotton markets has impacted the domestic market adversely.
