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Buying activity at cotton market seen improving

Related Keywords: Active buying improves, Cotton market, Karachi Cotton Association, prevailing prices, price of seed cotton, resumed normal covering operations, spinners and mills, spot rates remain unchanged

Active buying by spinners and mills was seen at the cotton market on Tuesday, as they resumed their normal covering operations at the prevailing prices, while, at the Karachi Cotton Association spot rates remain unchanged.

Following were some of the deals that changed hands on the ready counter: 200 bales, Haroonabad at Rs6,950; 200 bales, Shahdadpur, at Rs6,550; 200 bales, Mirpurkhas, at Rs6,575; 465 bales, Vehari, at Rs6,700; 200 bales, Tando Adam, at Rs6,550 and 700 bales, Rahim Yar Khan, at Rs6,550.

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