Related Keywords: cotton bales, Cotton market, December closing, Karachi Cotton Association, Karachi cotton exchange, kerb market, second grade of cotton, slow down in trading activity, Spinners, spot rates remained unchanged, trading remained slow
Cotton market witnessed slowed down in trading activity due to December closing. At the Karachi Cotton Exchange on Tuesday, trading remained slow, while spot rates remained unchanged.
The spot rates stood firm at Rs7,000/maund (37.324kg) and Rs7,502/ 40kg. Ex-Karachi rates also remained unchanged at Rs7,145/ maund and Rs7,657/ 40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.
