lint prices stood firm | Yarns and Fibers

Related Keywords: better quality lint, buyers in Sindh and Punjab stations, changed hands between leading buyers and sellers, deals for second grade of cotton, KCA, KCE, lint prices stood firm, premium price, remained eager for quality lint, spot rate, Trade activity remained moderate, trading session at local cotton market

Trade activity remained moderate and lint prices stood firm during trading session at local cotton market. The buyers in Sindh and Punjab stations remained eager for quality lint while deals for second grade of cotton changed hands between leading buyers and sellers on premium price around Rs 7,125 per maund.

The second grade of lint for blending purpose would remain in higher demand along with growing demand for better grades of lint on slightly higher price by the textile sector.

Cotton trading on first day after Eid holidays remains firm

Related Keywords: around three hundred bales changed hands, Eid holidays kept activity of spinning sector dull, forward deals that matured before Eid change hands, hindering deliveries, KCA, lint prices stood firm, Non availability of transportation, on first day, spot rate intact, traders at cotton market, trading session after Eid holidays

Eid holidays kept the activity of spinning sector dull while forward deals that have been matured before Eid change hands. Non-availability of transportation has been hindering the deliveries. During trading session after Eid holidays and on first day, the lint prices stood firm, traders at cotton market said. Around 300 bales changed hands.

The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,700 per maund with forward deals for better lint in focus, fibre traders said.

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Moderate trading at cotton market

Cotton trading on first day after Eid holidays remains firm