YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Improvement recorded in cotton trading

Related Keywords: Buyers at lint market, cotton bales, forward trading, immediate need of lint, in anticipation of decline in spot rate, Karachi cotton association, Karachi cotton exchange, made deals for better grades of lint, market sentiments remained steady, Most of the buyers made deals, on back of grade issue, paying premium price, spot rate

The buyers at lint market made deals for better grades of lint paying premium price, while market's sentiments remained steady on forward trading, traders said. Most of the buyers made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate, they added.

Cotton price remain firm

Related Keywords: Active trading witnessed, anticipating decline in spot rate, back of grade issue, cotton bales, deals for better grades of lint, immediate need of lint, Karchi Cotton Exchange, KCA, Lint market buyers, paying premium price, spot rates decreased

At lint market buyers were seen making deals for better grades of lint on paying premium price, traders at the Karachi Cotton Association (KCA) said. Most of the buyers made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate.

The spot rate at KCA remained intact at Rs 6,800 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level.

Buyers at lint trading remains selective on grade issue

Related Keywords: anticipation decline in spot rate, depending on grade issue, fibre traders, firm physical prices at lint market, immediate need of lint, KCE, leading buyer, making any big deal, Normal trading, only made deals on selective note, remained cautious, trading session

Leading buyer remained cautious in making any big deal as they only made deals on selective note depending on grade issue and their immediate need of lint in anticipation of decline in spot rate during trading session and with firm physical prices at lint market, fibre traders said.

Forward trading for a month period also took place, traders at the Karachi Cotton Association (KCA) said. KCA kept the spot rate intact at Rs 6,800 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level.

Moderate trading seen at cotton market with firm spot rate

Related Keywords: back of grade issue, buyers remain cautious in making big deal, cotton bales, Cotton market, cotton production, decline in spot rate, demand for fine grades, forward deals of all grade lint, immediate need of lint, KCA, moderate trading seen

At cotton market, moderate trading was seen as buyers remained cautious in making any big deal as they only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate, traders at the Karachi Cotton Association (KCA) said on Wednesday.

KCA kept the spot rate intact at Rs 5,650 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level, said floor brokers.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button