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Cotton market remain stable

Related Keywords: cotton bales, Ex Karachi rates also remained unchanged, in demand of cotton, Karachi cotton exchange, new crop, on Tuesday recorded normal trading activity, prices firm, Sindh and Punjab market, spinning mills, spot rates stood unchanged, upcountry expenses

Karachi Cotton Exchange on Tuesday recorded normal trading activity, while spot rates stood unchanged at Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also remained unchanged at Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded seven transactions of around 4,500 bales from the new crop of Sindh and Punjab at a price of Rs6,275 to Rs6,550/ maund.

Dull trading prevailed at cotton market on slow buying

Related Keywords: Cotton market, cotton yarn and fabric, Dull trading prevailed, Ex Karachi rates also remained unchanged, impact over cotton prices in Pakistan, on slow buying, owing to depressed demand, spot rates remained firm, the prices of lint across the globe are at the peak of the season

Dull trading prevailed at the cotton market on Thursday on slow buying owing to depressed demand for cotton yarn and fabric. The spot rates remained firm at Rs6,650/maund (37.324kg) and Rs7,127/40kg. Ex-Karachi rates also remained unchanged at Rs6,785/maund and Rs7,272/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

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