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Trading activity moves at slow pace with ginners raising asking prices

Related Keywords: cotton bales, Cotton market, expectation of attractive profit, ginners raised asking prices, in anticipation of getting better rates, official spot rate remain unchanged, slow pace, trading activity

At cotton market, trading activity took a slow pace on Tuesday as the ginners raised asking prices in anticipation of getting better rates and in expectation of attractive profit in the coming days. The official spot rate also remained unchanged at Rs 6375, dealers said.

In Sindh, seed cotton prices were at Rs 3000-3300, while in Punjab, phutti rates stayed put at Rs 3200 and Rs 3550, as per 40 kg.

According to market sources, trading activity came under pressure since the week started in the absence of fresh leads.

Renewed buying by spinners help improve business volume

Related Keywords: cotton bales, cotton market on Thursday, domestic ginners, helped the volume of business improve, make new deals for near future, official spot rate remain unchanged, punjab phutti rates rose, Renewed buying by spinners, seed cotton prices were higher, spinners were looking actively

Renewed buying by spinners helped the volume of business improve at the cotton market on Thursday, dealers said. According to the market sources, spinners were looking actively to make new deals for the near future.

In Sindh, seed cotton prices were higher by Rs 200 to Rs 3000-3300, while in Punjab, phutti rates rose by Rs 300 to Rs 3200 and Rs 3550, as per 40 kg. The official spot rate remained unchanged at Rs 6350.

Lacklustre conditions witnessed at cotton market

Related Keywords: cotton bales, Cotton market witnessed lacklustre conditions, Karachi Cotton Association, leading buyers remained preoccupied in clearing their accounts, official spot rate remain unchanged, production report released by the ginners body, Punjab phutti rates, seed cotton prices, spinners focusing on cotton imports from India

The cotton market witnessed lacklustre conditions on Tuesday as most leading buyers remained preoccupied in clearing their accounts. The Karachi Cotton Association official spot rate remain unchanged at Rs 6250. While, in Sindh, seed cotton prices were at Rs 2600-3250 and in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg, according to dealers.

Furthermore, spinners are currently focusing on cotton imports from India because the production report released by the ginners’ body has not shown encouraging figures and estimated to be around 10.08 million bales.

Improved business activity kept cotton prices firm

Related Keywords: as spinners rushed to replenish their stocks, cotton market on Friday, Cotton prices remain firm, Improved business activity, official spot rate remain unchanged, revival of buying interest seen in the market, rising trend in international markets, worried for losing their traditional market

With improved business activity, dealers said that cotton prices remain firm on the cotton market on Friday. The official spot rate remain unchanged at Rs 6250. According to some experts, the revival of buying interest seen in the market as spinners rushed to replenish their stocks. In Sindh, seed cotton prices were at Rs 2600-3250, while the Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.

Mills seen making fresh buying amid hovering fears of rise in rates

Related Keywords: amid hovering fears of rise in rates, cotton bales, Cotton market, mills and spinners, official spot rate remain unchanged, replenish stock, seed cotton prices, seen making fresh buying

Mills and spinners were seen making fresh buying amid hovering fears of rise in rates to replenish their stock at cotton market, dealers said. The official spot rate remain unchanged at Rs 5,900.

In Sindh, seed cotton prices at Rs 3100-3200 and in Punjab rates of Phutti were at Rs 2900-3100, as per 40 kg, dealers said. In ready business, over 13000 bales of cotton changed hands between Rs 6000 and Rs 6250.

Trading activity starts improving at cotton market

Related Keywords: Cotton market, needy spinners and mills, official spot rate remain unchanged, prices were matching psychological levels, Punjab rates of Phutti were higher, seed cotton prices gained, slow demand for cotton yarn, took part in fresh deals, Trading activity started improving

Trading activity started improving as needy spinners and mills took part in fresh deals as prices were matching with their psychological levels on the cotton market on Friday according to market sources.

The official spot rate remain unchanged at Rs 5,900, dealers said. In Sindh, seed cotton prices gained Rs 200 to Rs 3100-3200 and in Punjab rates of Phutti were higher by Rs 200 to Rs 2900-3100, as per 40 kg.

In ready business, over 4000 bales of cotton changed hands between Rs 5975 and Rs 6150, dealer said.

Modest trade activity seen at cotton market

Related Keywords: cotton bales, expectation of better rates, failed to go big way, ginners reluctant to dispose their stock, modest trading activity, official spot rate remain unchanged, Pakistan cotton market, spinners laying hands over qualtiy lint

Modest trading activity witnessed at cotton market with spinners laying hands over the quality lint on Tuesday, said dealer. However, according to the market sources, the spinners managed to make deals of fine quality, in the meantime they failed to go in a big way as the ginners were so much reluctant to dispose of their stock in expectation of better rates.

Trading activity improves as spinners make fresh deals on lower rates

Related Keywords: cotton bales, Cotton market, KCA, official spot rate remain unchanged, ready business, seed cotton prices, slight improvement in daily intake, spinners made fresh deals on lower prices, spinning industry, Trading activity improves

As spinners made some fresh deals on lower prices, trading activity on the cotton market on Tuesday saw some improvement, dealers said. In the ready business, as a result of slight improvement in the daily intake, over 3000 bales of cotton changed hands between Rs 4700 and Rs 5400.

The official spot rate remained unchanged at Rs 5,200. While, in Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab prices at Rs 2500 and Rs 2900.

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