Related Keywords: cotton bales, forward buying, mills and spinners busy, official spot rate, Pakistan cotton market, price of lint quality, price remain firm, Punjab, seed cotton price in Sindhi
With both mills and spinners busy in the forward buying, prices showed firmness on the cotton market on Monday, dealers said. The official spot rate maintained week-end levels at Rs 4,600, while seed cotton prices in Sindh were at Rs 2300 and Rs 2450 and in Punjab rates were at Rs 2200 and Rs 2350.
In the ready business, around 17,000 bales of cotton changed hands between Rs 4625 and Rs 4700, dealers said.
