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Cotton price inch up

Related Keywords: cotton bales, cotton prices inch up, higher prices to buyer, KCA, KCE, leading ginners sensing future demand of quality lint, made deals on slightly higher prices, offered thin volumes of better stocks, remained quality conscious, spinners and mills, spot rate, sustained buying from leading spinners, Trading session at cotton market

During the trading session at cotton market, sustained buying from leading spinners helped cotton prices inch up on Wednesday. Spinners and mills remained quality conscious and made deals on slightly higher prices during the session while leading ginners sensing future demand of quality lint offered thin volumes of better stocks on higher prices to the buyers.

Much of the trading activity remained centered around Punjab variety which is now available in larger quantity due to higher flow of phutti. However, Sindh quality cotton remained in slow demand.

Price remain firm at cotton market

Related Keywords: Cotton market, grade conscious buyers, Karachi Cotton Association, made deals on slightly higher prices, prices remained firm, textile sector is facing dearth of fine grades., to capitalise maximum returns, Traders offered all grades of lint, trading session

During the trading session at the cotton market prices remained firm while grade-conscious buyers made deals on slightly higher price, according to traders at the Karachi Cotton Association (KCA) on Monday.

Floor brokers said that mills in Sindh and Punjab stations bought all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,275 per maund in order to capitalize maximum returns on their proceeds.

Fine lint grade remains in focus amid firm spot rate

Related Keywords: buyers eager for quality lint, focus on fine grade, Ginners, Karachi Cotton Association, made deals on slightly higher prices, Pakistan cotton market, spot rate unchanged, trading session cotton bales

At Pakistan cotton market on Thursday focus was more seen on fine grade as buyers remained eager for quality lint and made deals on slightly higher prices at around Rs5,525 per maund during the trading session. Around 3,900 bales changed hands. The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,400 per maund.

According to a senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff and buyers bought the grade at around Rs 5,175 per maund to cater their immediate need.

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