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Moderate trading activity seen at the cotton market

Related Keywords: buyers made deals for quality lint, cotton bales, Cotton market, domestic market, during trading session, ginners of Punjab offered cotton of all grades, ginners of Sindh offered low-grade lint, KCA, moderate trading activity seen, slightly higher prices, spot rate remained unchanged

Moderate trading activity was witnessed at the cotton market as buyers made deals for quality lint on slightly higher prices at around Rs 5,675 per maund during the trading session and around 360 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained unchanged Rs 5,450 per maund.

The ginners of Punjab offered cotton of all grades to the buyers around Rs 5,000 per maund to Rs 5,100 per maund while ginners of Sindh offered low-grade lint to the buyers around Rs 4,975 per maund.

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