Related Keywords: cotton bales lying in unsold stock, cotton cultivated area, despite slow supply, lay hands over fine qualiity, meet demand, needy mills and spinners, official spot rate unchanged, Pakistan cotton market, seed cotton price, trading activity witnessed improvement
Despite slow supply, trading activity witnessed improvement on the cotton market on Monday as needy mills and spinners lay hands over the fine quality to meet their demand, said dealers. The official spot rate remained unchanged at Rs 5,500.
According to the market, slow arrivals of seed cotton propelled mills and spinners to make deals at higher rates.
