Related Keywords: bales, Chinese cotton, cotton, cotton trade, Ginners, lint shortage, New York cotton, Spinners
Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also maintained an rising drift, with Indian cotton gaining INR100 more to INR 46,600 per candy (356 kg).
New York cotton also recorded modest profits while Chinese cotton closed steady.