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Related Keywords: Buyers at lint market, cotton bales, forward trading, immediate need of lint, in anticipation of decline in spot rate, Karachi cotton association, Karachi cotton exchange, made deals for better grades of lint, market sentiments remained steady, Most of the buyers made deals, on back of grade issue, paying premium price, spot rate

The buyers at lint market made deals for better grades of lint paying premium price, while market's sentiments remained steady on forward trading, traders said. Most of the buyers made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate, they added.

Related Keywords: according to their immediate need of lint, anticipation of a decline of spot rate, back of the grade issue, forward trading, grade issues, Karachi Cotton Association, leading buyers remained selective, market sentiments were firm, other buyers made deals, second grade lint, spot rate

The leading buyers remained selective on grade issues while other buyers made deals according to their immediate need of lint on the back of the grade issue and in anticipation of a decline of the spot rate. The market's sentiments were firm on forward trading, traders at the Karachi Cotton Association (KCA) said.

During the trading session, buyers of Sindh and Punjab stations made deals for better grades on a cautious note, while sellers offered all grades of lint at around Rs 5,975 per maund to Rs 6,425 per maund in order to capitalize maximum returns on their proceeds, brokers said.