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Related Keywords: adding lint to their inventory, amid uncertain outlook, Barring a few deals finalised, Cotton market, discouraged spinners, KCA, kept to the sidelines, lackluster on Wednesday, leading buyers, slow demand for cotton yarn and grey cloth, some small spinners, spot rate, trading activity, value-added textile sector

The trading activity at cotton market remained lackluster on Wednesday as leading buyers kept to the sidelines amid uncertain outlook. Barring a few deals finalised by some small spinners. Slow demand for cotton yarn and grey cloth from the value-added textile sector discouraged spinners from further adding lint to their inventory.

There are strong indications that the current cotton season could be shorter than normal as very little phutti (seed cotton) has been left behind in the fields.

Related Keywords: backdrop of falling world cotton prices, Cotton market, Ginners, lack of buying interest, leading buyers, Leading spinners, not deterred with falling prices, pushed cotton prices lower, remained steadfast, Slow moving trading activity, withdrew to sidelines

Slow moving trading activity was seen at cotton market on Wednesday as leading buyers withdrew to the sidelines in the backdrop of falling world cotton prices. The lack of buying interest from leading spinners further pushed cotton prices lower. However, ginners on their part remained steadfast and were not deterred with falling prices.

At the Karachi Cotton Association (KCA) spot rates were adjusted downward to Rs7,500 per maund.

Related Keywords: cotton bales, KCA, leading buyers, level of prices, market estimates, overall behavior at cotton market firm, prices began to stabilise, remained above import parity, spot rate, stayed away from trading ring

The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity.

The current spell of rains in Punjab is being reckoned to be healthy for standing cotton plants and could help improve production. However, leading spinners seemed to be unwilling to take any risk and are keen to import cotton once duty is withdrawn.

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: buyers made selective deals, eyeing domestic better grades, Karachi Cotton Association, leading buyers, making forward deals at premium prices, on grade issue, raw grade stuff, Second grade of lint for blending purposes, spot rate unchanged, strengthened long positions

The buyers made selective deals on grade issue and also strengthened their long positions by making forward deals at premium prices, traders at Karachi Cotton Association (KCA) said. KCA kept spot rate unchanged at Rs 6,750 per maund.

Sellers withholding better grades remained in the driving seat due to paucity of premium stuff while KCA remained busy taking steps to provide maximum benefit to the weak stakeholders to capitalise maximum on their raw stuff, floor brokers said.

Related Keywords: all grades, bought fine grade on competitive price, capitalize maximum returns, decline in spot rate, facing shortage of fine grades, general buyer made deals, grade issue, KCA, leading buyers, made deals to meet immediate requirement, Pakistan cotton market, Sindh and Punjab stations, spot rate remained intact, textile products export unit

At Pakistan cotton market, leading buyers were seen making deals to meet their immediate requirement of lint on back of grade issue and in anticipation of decline in spot rate. Spinners in Sindh and Punjab stations bought fine grades on competitive price at around Rs 5,575 per maund to Rs 5,600 per maund while general buyers made deals for all grades in Punjab and Sindh stations at around Rs 4,975 per maund to Rs 5,200 per maund, traders said on Friday.

Related Keywords: KCA, leading buyers, Lint market, made deals on slightly higher price, Pakistan cotton market, physical prices firm, remained grade conscious, selective buying, Spinners, spot rate

Leading buyers at cotton market remained grade conscious and only made deals on slightly higher price according to their immediate need of lint. Selective buying in lint market kept physical prices firm, said traders at the Karachi Cotton Association (KCA) on Monday.

During the trading session, mills in Sindh and Punjab stations purchased all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,675 per maund to Rs 4,975 per maund in order to capitalise maximum returns on their proceeds, floor brokers said.

Related Keywords: Fairly small trade activity, KCA, leading buyers, little interest in fresh buying, new arrival of crop, Pakistan cotton market, spot rate, under pressure over GIDC issue

Fairly small trade activity was witnessed at Pakistan cotton market on Monday as some leading buyers kept on the sidelines due to little interest in fresh buying, according to dealers.

At Karachi cotton exchange, the official spot rate remained static at Rs 5450.

According to Cotton analyst, Naseem Usman, mills are still under pressure over the issue of GIDC and on the other hand the ginners were selling their stuff before arrivals of new crop.