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Price remain firm at cotton market

Related Keywords: Cotton market, grade conscious buyers, Karachi Cotton Association, made deals on slightly higher prices, prices remained firm, textile sector is facing dearth of fine grades., to capitalise maximum returns, Traders offered all grades of lint, trading session

During the trading session at the cotton market prices remained firm while grade-conscious buyers made deals on slightly higher price, according to traders at the Karachi Cotton Association (KCA) on Monday.

Floor brokers said that mills in Sindh and Punjab stations bought all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,275 per maund in order to capitalize maximum returns on their proceeds.

Trading session saw selective buying in lint market keeping prices firm

Related Keywords: Cotton growers, cotton growing belt, Cotton market, grade conscious buyers, KCA, kept physical prices firm, selective buying, Sindh and Punjab spinners, slightly higher price, spot rate, trading session

During the trading session grade-conscious buyers made deals on slightly higher price, while selective buying in lint market kept physical prices firm. Spinners in Sindh and Punjab stations bought all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,475 per maund in order to capitalize maximum returns on their proceeds on Friday.

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