Related Keywords: anticipation of decline in spot rate, buyers made deals on slightly higher price, capitalize maximum returns on proceeds, Dull trading seen at lint market, fine grades on competitive price, KCA, meet immediate need of lint, on back of grade issue, physical price stood firm, spot rate intact
Dull trading was seen at lint market as buyers made deals on slightly higher price according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate, while physical price stood firm, floor brokers said.
KCA kept the spot rate intact at Rs 5,750 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level.
