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Dull trading continues at cotton market

Related Keywords: buyers still remained away from the market, domestic cotton arrival, international markets, Karachi Cotton Brokers Association, Karachi cotton exchange, on Tuesday witnessed dull trading, predicted better cotton outlook, spot rates remained unchanged, yarn and fabric sales were not picking up

Karachi Cotton Exchange on Tuesday witnessed dull trading as buyers still remained away from the market after yarn and fabric sales were not picking up in the international markets.

The spot rates remained unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg. Ex-Karachi rates also stood firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

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