Related Keywords: activity declined considerably, Buyers taking sidelines, cotton bales, get better price, ginners holding back stocks, KCA, market behaviour firm and steady, meet immediate demand, preferring to indulge in short ccovering, short supply of quality cotton, spot rate steady
With buyers taking to the sidelines and preferring to indulge in short-covering to meet their immediate demand, The market behaviour was firm and steady on Monday, but activity declined considerably due to short supply of quality cotton. However, brokers believed that ginners have started holding back their stocks in order to get better price.
