Related Keywords: Buying by mills, cotton bales, Cotton market, Ginners, Ginning factory, keep prices at present level, modest trading, official spot rate unchanged, seed cotton
Buying by needy mills to cover their immediate requirements helped prices to hold present levels on the cotton market on Wednesday in the process of modest trading. The official spot rate was unchanged at Rs 5,550, dealers said.
In ready session, over 600 bales of cotton finalized between Rs 5100 and Rs 5850 and in Sindh, seed-cotton prices were at Rs 2800-3100, per 40 kg, as per dealers.
