Related Keywords: amid steady physical prices, Buyers made deals for better, cotton bales, Depleting stocks, focus on better grades of lint, KCE, kept quality conscious buyers, on front foot, premium prices, second grade of cotton, secondary buyers, Spinners, spot rate, trading at lint market
Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.
Demand for better grades of lint would likely keep sellers in the driving seat until the arrival of 100,000 cotton bales imported. Sellers were steadfast in negotiating on their asking prices on the back of shrinking quality during trading session at major stations of Punjab and Sindh.
