Related Keywords: buyer made deal on cautious note, demand for fine grades remained higher, fortify inventories, Karachi Cotton Association, lack of fine and second grade, Pakistan cotton market, past week, power outages at ginneries, slow arrival of cottonseed, spot rate, textile units kept activities dully, trading remained dull
During past week, trading remained dull due to lack of fine and second grade and power outages at ginneries, textile units kept activities dull and buyers made deals for all grades on cautious note besides demand for fine grades remained higher in order to fortify their inventories, floor brokers said.
The forward deals were made on back of grade issue at around Rs 4,925 per maund to Rs 4,950 per maund, traders said on Saturday.
