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Related Keywords: all grades on bargaining prices, Buyers made a month forward deals, domestic price, growing demand of cloth and yarn, KCA, moderate trading activity, spot rate gained strength, strong physical price, witnessed at cotton market

Moderate trading activity was witnessed at the cotton market with strong physical price. Buyers made a month forward deals for all grades on bargaining prices at around Rs 5,125 per maund during the trading session,said floor brokers.

The Karachi Cotton Association (KCA) spot rate gained strength and closed at Rs 5,600 per maund.

According to senior trader, Ghulam Rabbani, leading buyers were eager for fine grades and even paying slightly higher price on the back of growing demand of cloth and yarn and also as import was costly comparing to domestic price.

Related Keywords: buyers made deals for quality lint, cotton bales, domestic market, growing demand of cloth and yarn, KCA, leading mills and spinners, moderate trading activity, Pakistan cotton market, slightly higher prices, spot rate

At Pakistan cotton market trading activity remained moderate on Thursday, as buyers made deals for quality lint on slightly higher prices at around Rs 5,575 per maund during the trading session, said floor brokers.

In domestic market, buyers continued to keep an eye on quality lint on the back of growing demand of cloth and yarn.

The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,400 per maund.

Related Keywords: buyers making deals, Cotton market, domestic market, growing demand of cloth and yarn, KCA, moderate trading activity, Punjab ginners, quality lint, Sindh ginners, slightly higher prices, spot rate, trading session

Cotton market on Wednesday witnessed moderate trading activity with buyers making deals for quality lint on slightly higher prices at around Rs 5,375 per maund during the trading session. Roughly1000 bales changed hands. In domestic market, buyers would remain eye on quality lint on the back of growing demand of cloth and yarn.