Related Keywords: active trading was recorded, cotton bales, Cotton market, helped rates, Karachi cotton exchange, keep present levels, lack of quality lint, process of trading on Wednesday, propelled mills and spinners to keep buying, Renewed buying interest, spot rates remained unchanged
Renewed buying interest at the cotton market helped the rates to keep present levels in the process of trading on Wednesday, as per dealers. At the Karachi Cotton Exchange, active trading was recorded, while spot rates remained unchanged at Rs6,600/maund (37.324kg) and Rs7,073/40kg. Ex-Karachi rates also remained unchanged at Rs6,745/maund and Rs7,228/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.
In Sindh, seed cotton prices were same at Rs 2800-3350, in the Punjab, rates were at Rs 2800-3500, as per 40 kg, dealers said.
