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Increase in demand for cotton by mills to build up inventories

Related Keywords: buyers started building inventories, free market mechanism, ginned cotton prices, international market lackluster, KCA, kepp mills running, lint cotton, local yarn prices sluggish, Pakistan cotton market, seedcotton, with Eidul Azha approaching

At the cotton market, buyers have started building their inventories to keep their mills running till the end of this month with Eidul Azha approaching which will be celebrated during the last week of this month. A bullish sentiment has been build up in the ready local market even though the general condition of cotton on the international market is lackluster and the local yarn prices are sluggish.

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