Related Keywords: active mills, causing rise in rates, Cotton market, demand for fine quality, official spot rate unchanged, pause in phutti arrivals, price maintained firmness, supply position still tight, trading activity may decline
Prices maintained firmness at cotton market on Thursday with demand for fine quality from active mills. According to some brokers, supply position is still tight, causing a rise in the rates. The official spot rate was unchanged at Rs 4,650. In Sindh, seed cotton prices also remained unchanged at Rs 2450 and Rs 2550 and in Punjab rates were at Rs 2350 and Rs 2550.
