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Cotton price shoots up with short supply of fine quality

Related Keywords: Cautious trading attitude, cotton arrival larges, cotton bales, ginneries, Ginners, lint prices shot up, maintained by buyers on the market, sellers not flexible to ease high cost of doing business, sport rate raised

The cautious trading attitude was maintained by buyers on the market, even though cotton arrival was larger and ginners had in ginneries some 0.8 million bales but sellers were not flexible to ease the high cost of doing business. According to arrivals factories received 11.349 million bales. Again on the last session of the week prices moved up .The spot rate also raised by Rs50 to Rs 3650 and the lint prices shot up to Rs 3800.

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