Related Keywords: demand for textile products, due to short supply, export of cotton yarn to China, failed to get quality lint, Ginners, official spot rate unchanged, Pakistan cotton market, persistent demand by mills and spinners, seed cotton prices, spinners indulged in panic buying to replenish their stock, witnessed improvement in volume of business
At the Pakistan cotton market on Wednesday following the persistent demand by mills and spinners, witnessed improvement in the volume of business, dealers said. In Sindh, seed cotton prices were at Rs 2200-2400, and in Punjab prices were at Rs 2400 and Rs 2900.
In the ready business, nearly 10,000 bales finalized between Rs 4750-5500. The official spot rate also remained unchanged at Rs 5,300.
