Related Keywords: buyers eager for quality lint, focus on fine grade, Ginners, Karachi Cotton Association, made deals on slightly higher prices, Pakistan cotton market, spot rate unchanged, trading session cotton bales
At Pakistan cotton market on Thursday focus was more seen on fine grade as buyers remained eager for quality lint and made deals on slightly higher prices at around Rs5,525 per maund during the trading session. Around 3,900 bales changed hands. The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,400 per maund.
According to a senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff and buyers bought the grade at around Rs 5,175 per maund to cater their immediate need.
