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Moderate trading activity seen amid firm physical prices

Related Keywords: amid firm physical prices, buyers bought all grades on cautious note, buyers remained focused on better grades, higher demand for second of lint, KCA, KCE, kept trading activities moderate, leading mills and spinners, Lint market, Second grade of lint fetched better price, spot rate

At lint market although buyers remained focused on better grades but higher demand for second of lint kept trading activities moderate amid firm physical prices. Second grade of lint fetched better price as buyers bought all grades on cautious note, floor brokers said.

Better grades of lint remained in demand on back of depleting stocks and demand for other grades of lint would not gain momentum, as buyers were eyeing influx of better cottonseed in the ginneries.

Cotton market witnessed modest trading activity

Related Keywords: arrival of quality lint slow, cotton bales, Cotton market, leading mills and spinners, market sources, official spot rates, sluggish demand, unchanged, witnessed modest trading activity

Cotton market on Tuesday witnessed modest trading activity, dealers said. The official spot rates unchanged at Rs 6250. According to the market sources, arrival of quality lint was slow, which caused sluggish demand by leading mills and spinners.

As per dealers, the seed cotton prices in Sindh were at Rs 2600-3200 and in Punjab rates were at Rs 2800-3400, per 40 Kgs.

Cotton analyst, Naseem Usman said that the cotton yarn market continues to be sluggish, it looks that present trend may maintain for the near future..

Moderate trading witnessed as buyers focus on quality lint

Related Keywords: buyers made deals for quality lint, cotton bales, domestic market, growing demand of cloth and yarn, KCA, leading mills and spinners, moderate trading activity, Pakistan cotton market, slightly higher prices, spot rate

At Pakistan cotton market trading activity remained moderate on Thursday, as buyers made deals for quality lint on slightly higher prices at around Rs 5,575 per maund during the trading session, said floor brokers.

In domestic market, buyers continued to keep an eye on quality lint on the back of growing demand of cloth and yarn.

The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,400 per maund.

Asking price raised by ginnners amid fresh buying at Pakistan cotton market

Related Keywords: amid fresh buying, Ginners, ICE cotton rose, leading mills and spinners, Pakistan Cotton Ginners Association, Pakistan cotton market, strong demand for US cotton

Active buying by some leading mills and spinners was seen but the ginners were not ready to oblige them by lowering the rates. In fact, ginners raised asking prices amid fresh buying by mills and spinners, at Pakistan cotton market on Wednesday.

According to Cotton analyst, Naseem Usman, the Pakistan Cotton Ginners Association (PCGA) issued fortnightly phutti arrivals report till February 15, at 14.6 million bales.

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