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Related Keywords: around three hundred bales changed hands, Eid holidays kept activity of spinning sector dull, forward deals that matured before Eid change hands, hindering deliveries, KCA, lint prices stood firm, Non availability of transportation, on first day, spot rate intact, traders at cotton market, trading session after Eid holidays

Eid holidays kept the activity of spinning sector dull while forward deals that have been matured before Eid change hands. Non-availability of transportation has been hindering the deliveries. During trading session after Eid holidays and on first day, the lint prices stood firm, traders at cotton market said. Around 300 bales changed hands.

The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,700 per maund with forward deals for better lint in focus, fibre traders said.

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.

Related Keywords: cotton bales, cotton price remained stable, future demand of quality lint, KCA, leading buyers, made deals for all qualities of lint, offered by ginners, quality cotton, remained intact, slightly higher prices, Spinners, spot rate, Trading session at cotton market

During the trading session at cotton market, cotton price remained stable. Leading buyers made deals for all qualities of lint offered by the ginners during the trading session, traders said.

While, spinners remained eager for quality cotton on slightly higher prices during the session while the leading ginners sensing future demand of quality lint offered few stocks on higher prices to the buyers

Related Keywords: better grade lint, cotton bales from US, Cotton market, Ginners, Karachi Cotton Association, KCA, KCE, prices of all grades of cotton stood firm, raw lint, spinning mills, spot rate remained intact, trading session

At the cotton market, the prices of all grades of cotton stood firm during the trading session, according to traders. Around 9,600 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,850 per maund with better lint in focus, fibre traders reported.

Floor brokers said that leading buyers in Sindh and Punjab stations bought better grade lint on premium prices offered by ginners during the trading session.

Related Keywords: amid strong physical prices, around nine thousand bales changed hands, Cotton market, Karachi cotton exchange, KCA, Leading buyers eager for quality lint, moderate trading activity, new crop delay, spot rate unchanged, spot rates increased as very little stocks were left with the ginners, trading remained slow

Moderate trading activity witnessed at the cotton market amid strong physical prices with around 9,000 bales changed hands. While, at the Karachi Cotton Association (KCA) spot rate unchanged at Rs 6,700 per maund, fibre traders said.

Leading buyers remained eager for quality lint and bought fine lots on slightly higher prices during the trading session.

According to senior trader, Ghulam Rabbani, leading buyers were concentrating on better grades and the ginning units kept maintaining quality as big groups were making deals for future needs.

Related Keywords: Cotton market, cotton prices expected to increase, cotton prices firm, increase cotton demand, KCA, leading mills, Moderate trading activity witnessed, nine thousand bales changed hands, purchased cotton of all qualities, Spinners, spot rate remain intact, trading session

Moderate trading activity witnessed at the cotton market, as more than 9,000 bales changed hands. Dealers said that the leading mills and spinners purchased cotton of all qualities during the trading session.

The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,700 per maund. While, the physical market prices remained between Rs 6,350 per maund and Rs 6,600 per maund.

The mills bought quality cotton on slightly higher rates while spinners of Sindh strengthened their long positions.

Related Keywords: claiming cotton import, considerably increase cost of doing business, crucial for textile industry, Karachi Cotton Association, KCA, levy of any tax on imported cotton, meet requirements of basic raw material

The Karachi Cotton Association (KCA) claiming that cotton import was crucial for the textile industry to meet the requirements of basic raw material said that levy of any tax on imported cotton would considerably increase their cost of doing business.

Hence, KCA seeks to review cotton import for which it has appealed the government to review reported proposal regarding the levy of duty and taxes on import of raw cotton.

Related Keywords: although strong demand for cotton yarn, Amid increase in cotton prices, domestic market, falling exports of textile goods, KCA, spot rate raised by rs fifty, trading activity at the cotton market slowed down, worried spinners who preferred to stay away from the trading ring

Amid increase in cotton prices, trading activity at the cotton market slowed down on Monday. Although there is strong demand for cotton yarn in the domestic market, falling exports of textile goods worried spinners who preferred to stay away from the trading ring.

The Karachi Cotton Association raised its cotton rates by Rs50, to Rs6,750 per maund (around 37kg)

Secondary buyers made deals for all grades of lint according to their immediate needs on back of grade issue and in anticipation of decline in spot rate.

Related Keywords: better grades, bought all grades on competitive prices, buyers are beginning to eye imports, buyers made selective deals, decline in cotton output, forward deals made, KCA, Lint market, second grade of lint, Slow pace of trading, Spinners in Sindh and Punjab stations, spot rate, this end crop season

A slow pace of trading in the lint market witnessed as buyers made selective deals for second grade of lint, while forward deals were also made for better grades, traders said.

During the trading session, spinners and mills in Sindh and Punjab stations made deals for second grade lint, while sellers offered all grades of lint at around Rs 5,975 per maund to Rs 6,775 per maund in order to capitalise maximum returns on their proceeds.

Related Keywords: amid dwindling cotton stocks, competitive prices, cotton market on Monday. Ginners holding not more than five lakh bales, cotton yarn, higher prices, KCA, next cotton season is more than four months away, quality cotton, Slow trading witnessed, small and medium units, spinner accumulated seasonal cotton needs, spot rate remain unchanged

Slow trading witnessed amid dwindling cotton stocks and higher prices at the cotton market on Monday. Currently, Ginners are holding not more than 500,000 bales. Moreover, the next cotton season is more than four months away.

Many leading spinners have already accumulated their seasonal need of cotton while small and medium sized units are looking for quality cotton at competitive prices.

At the Karachi Cotton Association, its spot rates remained unchanged.