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Moderate trading seen on back of brisk demand for fine grant lint

Related Keywords: all grades, Brisk demand, buyers made forward deals, cast positive on trading, Cotton market, fine and second grade lint, ginning activities, Improved activities in cotton growing belts, Karachi Cotton Association, market in firm frame past week, spot rate, textile and spinning sectors, traders, trading activity moderate

Brisk demand for fine and second grade lint kept trading activity moderate at cotton market on Saturday. Moreover buyers made forward deals in all grades that kept market in firm frame past week, said traders at Karachi Cotton Association (KCA).

The KCA kept the spot rate at Rs 6,500 per maund while fine grade fetched better prices at around Rs 6,600 per maund on higher demand.

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