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Cotton market witnessed push in rates due to rising demand by mills

Related Keywords: Cotton market witnessed further push in rates, demand and supply, importing cotton to keep balance, mills started forward buying, official spot rate up, rising demand by mills, save from losses

Cotton market witnessed further push in the rates on Wednesday due to the rising demand by mills. It is observed by some leading brokers that the mills have started forward buying to save themselves from losses. The supply position is despite the fact that country is importing cotton to keep a balance between demand and supply.

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