Related Keywords: buyers purchasing lint of all qualities, fine lint in focus, general price remain firm, KCA, meet domestic and international commitments of yarn and cloth, Pakistan cotton market, sellers and buyers remained entangled in price war, shrinking stocks of better grades, spot rate, steday spot rate, US cotton prices higher, volumes moderate
At cotton market, general price remained firm during trading activity and volumes were moderate as buyers were purchasing lint of all qualities to meet domestic as well as international commitments of yarn and cloth. However, fine lint remained in focus amid steady spot rate and shrinking stocks of better grades, traders said.
According to floor brokers, sellers and buyers remained entangled in price war and buyers made deals for all grades on competitive price at around Rs 4,975 per maund to Rs 5,025 per maund.
