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Related Keywords: cotton bales, Cotton market, cottonseed prices, focus on fine grades, ginners sped up their deliveries, KCA, lint trading, official spot rate firm, physical prices firm, spinners made deals of all grades

With firm physical prices, lint trading remained fair as fine grades were in focus. The official spot rate remained firm at Rs 5,650 per maund while cottonseed prices in Sindh stood around at Rs 3,250 per maund and Rs 3,375 per maund and in Punjab rates stayed at Rs 3,450 and Rs 3,625 per maund, traders said.

Due to better arrival of cottonseed and ginners sped up their deliveries in anticipating increase in demand in the near future keeping the economic activities firm floor brokers said.

Related Keywords: Karachi Cotton Association, lint trading, Pakistan cotton market, range bound

Pakistan cotton market saw higher demand for better grades while lint trading remained range bound. Buyers made cautious deals for all grades during trading session in all stations of Sindh and Punjab. But the majority of leading buyers and sellers remained on sidelines.

According to fibre analyst Shakeel Ahmad, leading buyers were still eyeing on fine grades, while mills made deals for fine grades on competitive price.

Related Keywords: Cotton market, cottonseed, ginner, grower, Karachi Cotton Association, lint trading, power load shedding, transport

Lint trading at main stations of Punjab and Sindh remained dreary due during three days past week to absence of workforce, non-availability of transport and power load shedding.
 
Spot rate was firm with no active physical trading on back of Eid holidays, traders said on Saturday.
 
During past week the buyers made deals for fine bales for immediate use besides purchased all grades in order to fortify their inventories, traders at Karachi Cotton Association (KCA) said.