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Prices remain firm at cotton market

Related Keywords: Cotton prices remain firm, ginners reluctant to sell at current rates, KCA, Prices being quoted at around Rs seven thousand per maund, short supply, spot rates were firm at overnight level, steady flow of buying, trading remained around quality cotton, was strong demand for quality cotton

Cotton prices remain firm on Friday with steady flow of buying. Prices were being quoted at around Rs7,000 per maund (around 37 kilograms), brokers said. However, much of the trading remained around quality cotton which was in short supply.

There was strong demand for quality cotton, but spinners were disappointed as ginners were reluctant to sell at current rates.

The KCA’s spot rates were firm at overnight level.

Apart from local dynamics, the domestic market is also tracking an uptrend in leading cotton markets.

Strong demand for quality cotton kept prices firms

Related Keywords: Buyers keen to build up stock, cotton bale, Cotton market, Cotton prices remain firm, equally not ready to pay extra price for lint. sellers knowing about shortage of quality cotton, fully exploit the situation, KCA, spot rate unchanged, strong demand for quality cotton

Cotton prices remain firm with strong demand for quality cotton on Wednesday at cotton market. Buyers were keen to build up stock but they were equally not ready to pay extra price for the lint. Whereas, sellers on their part knowing about the shortage of quality cotton wanted to fully exploit the situation.

Both sellers and buyers tried to turn the situation in their favour. Nevertheless, needy spinners managed to finalize some deals at high rates as they were not ready to take risk due to rising cotton prices in most of the world markets.

Cotton market witnessed modest trading activity

Related Keywords: both buyers and sellers, cautious business seen, Cotton market, Cotton prices remain firm, modest trading activity, official spot rate unchanged, preferred to be on the sidelines

In the process of modest trading activity on cotton market on Saturday Cotton prices remain firm. A kind of cautious business was seen on the market as both buyers and sellers preferred to be on the sidelines in the process of trading activity. The official spot rate also was unchanged at Rs 6375, dealers said.

In Sindh, seed cotton prices were at Rs 3000-3300, while in Punjab, the phutti rates stayed put at Rs 3200 and Rs 3550, as per 40 kg,

Improved business activity kept cotton prices firm

Related Keywords: as spinners rushed to replenish their stocks, cotton market on Friday, Cotton prices remain firm, Improved business activity, official spot rate remain unchanged, revival of buying interest seen in the market, rising trend in international markets, worried for losing their traditional market

With improved business activity, dealers said that cotton prices remain firm on the cotton market on Friday. The official spot rate remain unchanged at Rs 6250. According to some experts, the revival of buying interest seen in the market as spinners rushed to replenish their stocks. In Sindh, seed cotton prices were at Rs 2600-3250, while the Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.

Cotton prices stabilized amid strong demand from spinners

Related Keywords: ahead of Eid-ul-Azha holidays, amid strong demand from spinners, cotton bales, Cotton market, Cotton prices remain firm, due to increase in supply of Phutti, keen to replenish their stocks, long-time, official spot rate stayed unchanged, prices halted decline, prices of cotton, seed cotton prices, under pressure

Cotton prices remain firm amid strong demand from spinners, who were keen to replenish their stocks ahead of Eid-ul-Azha holidays at cotton market on Friday, dealers said. The official spot rate stayed unchanged at Rs 5,850. Some brokers said that after a long-time, prices halted decline.

In Sindh, seed cotton prices were at Rs 2800-3050 and in Punjab rates of Phutti were at Rs 2500-2900, as per 40 kg, they said. In ready business, around 15,000 bales of cotton changed hands between Rs 6000 and Rs 6100, dealers said.

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