Related Keywords: better grades of lint, buyers made deals on slightly higher prices, domestic market, firm physical prices, Forward deals changed hands, Karachi Cotton Association, KCE, mills and spinners remained eager for quality lint, Moderate trading seen at the lint market, slightly higher price, trading activity remain slow
Moderate trading seen at the lint market with firm physical prices, while buyers made deals on slightly higher prices. Forward deals also changed hands for better grades of lint on slightly higher price at around Rs6,600 per maund in Sindh and Punjab stations. The Karachi Cotton Association (KCA) kept the spot rate at Rs 6,700 per maund.
According to floor brokers, buyers made deals for all grades besides deals for better and second grade of lint for blending purpose remained firm and deals changed hands at around Rs 6,575 per maund to Rs 7,000 per maund during the trading session.
