Related Keywords: buying quality cotton, cotton bales, cotton trading, Indian yarn, Karachi Cotton Association, local trader to buy, Pakistan coton market, raw cotton, textile mill owners
Cotton trading in Pakistan remained slow as textile mill owners made select buying in quality cotton. However, the Karachi Cotton Association’s (KCA) spot rates remained unchanged.
Floor brokers said that the textile industry, already facing power and gas shortage, was perplexed by Indian yarn and raw cotton finding their way into the domestic market. Local traders are likely to buy the cheaper Indian cotton. The situation kept trade activities slow at local markets.
