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Steady conditions prevailed at cotton market

Related Keywords: buyers kept looking for quality lots, Conditions at cotton market on Thursday, cotton prices rose, demand for cotton yarn, grey fabric rising, KCA, remained steady, spot rate, strong demand for quality lint from spinners, strong demand from textile industry, who strived to build up inventories. shortage of quality lint disappointed many

Conditions at cotton market on Thursday remained steady as buyers kept looking for quality lots and strong demand for quality lint from spinners who strived to build up their inventories. However, shortage of quality lint disappointed many.

With the current cotton season (2017-18) fast nearing its end, some panic was seen among spinners who were still short of cotton stocks.

The issue of shortage is primarily related to small spinners who were unable to import cotton to meet their seasonal demand, brokers said.

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