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Related Keywords: cotton bales, Cotton market, cottonseed prices, focus on fine grades, ginners sped up their deliveries, KCA, lint trading, official spot rate firm, physical prices firm, spinners made deals of all grades

With firm physical prices, lint trading remained fair as fine grades were in focus. The official spot rate remained firm at Rs 5,650 per maund while cottonseed prices in Sindh stood around at Rs 3,250 per maund and Rs 3,375 per maund and in Punjab rates stayed at Rs 3,450 and Rs 3,625 per maund, traders said.

Due to better arrival of cottonseed and ginners sped up their deliveries in anticipating increase in demand in the near future keeping the economic activities firm floor brokers said.

Related Keywords: capitalise maximum returns, cotton bales, Cotton growers, cotton growing belts, fine lint in demand, ginning units, KCA, Lint market, Mills in Sindh and Punjab stations, month period forward deals, physical prices firm, spot rate, textile sector, trading session

During the trading session, many buyers made deals in fine grade to strengthen their long positions in the lint market that kept physical prices firm. Trader at the Karachi Cotton Association (KCA) also said that some leading buyers made a month period forward deals for all grades on Saturday.

Related Keywords: KCA, leading buyers, Lint market, made deals on slightly higher price, Pakistan cotton market, physical prices firm, remained grade conscious, selective buying, Spinners, spot rate

Leading buyers at cotton market remained grade conscious and only made deals on slightly higher price according to their immediate need of lint. Selective buying in lint market kept physical prices firm, said traders at the Karachi Cotton Association (KCA) on Monday.

During the trading session, mills in Sindh and Punjab stations purchased all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,675 per maund to Rs 4,975 per maund in order to capitalise maximum returns on their proceeds, floor brokers said.

Related Keywords: before shrinking fine grade lint, build up inventories, Cotton market, fine grade lint demand, Karachi Cotton Association, physical prices firm, potential buyers made deals, producing better textile products, second grade cotton, spot rate stayed steady, Trading week

During trading week at cotton market, fine grade lint demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices firm while spot rate stayed in steady zone. Buyers at major stations of Punjab and Sindh remained busy buying fine grades as demand of better grades was growing on back of producing better textile products while potential buyers made deals for all grades in order to build up their inventories before shrinking fine grade lint, dealers said.