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Lint price remained firm as buyer focused on fine grade

Related Keywords: buyers remained eager for quality lots, capitalize maximum returns on their proceeds, Cotton growers, influx of better grade, KCA, Lint market, made deals for all grades, Mills in Sindh and Punjab stations, Pakistan cotton market, physical price firm, spot rate, trading session

During the trading session, buyers remained eager for quality lots keeping physical price firm in lint market, while prices remained attracted for buyers with less liquidity, traders at the Karachi Cotton Association (KCA) said on Wednesday.

Mills in Sindh and Punjab stations made deals for all grades on cautious note as grade issue was continued. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,450 per maund in order to capitalize maximum returns on their proceeds.

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