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Renewed buying by spinners help improve business volume

Related Keywords: cotton bales, cotton market on Thursday, domestic ginners, helped the volume of business improve, make new deals for near future, official spot rate remain unchanged, punjab phutti rates rose, Renewed buying by spinners, seed cotton prices were higher, spinners were looking actively

Renewed buying by spinners helped the volume of business improve at the cotton market on Thursday, dealers said. According to the market sources, spinners were looking actively to make new deals for the near future.

In Sindh, seed cotton prices were higher by Rs 200 to Rs 3000-3300, while in Punjab, phutti rates rose by Rs 300 to Rs 3200 and Rs 3550, as per 40 kg. The official spot rate remained unchanged at Rs 6350.

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