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Demand for second grade of lint remains dominant during trading session

Related Keywords: blending purpose, Buyers made sizeable deals for second grade of lint, Demand of second grade of cotton, leading buyers made forward deals, physical prices remained steady, remained dominant, Sindh and Punjab stations, spinners purchased, trading session

Demand of second grade of cotton remained dominant during trading, spinners purchased the commodity for blending purpose at Rs 6,425 per maund while the leading buyers made forward deals for second grade of lint at around Rs 6,400 per maund to Rs 6,450 per maund.

Buyers made sizeable deals for second grade of lint during trading session in Sindh and Punjab stations while physical prices remained steady. Buyers also made deals in all grades of cotton that kept market’s volumes moderate.

Demand for better grades of lint remain high at cotton market

Related Keywords: blending purposes, buyers made deals, cotton bales, Cotton market, deals in second grade of lint, demand for better grades of lint, premium price, remained dominant, remained on higher side, Sindh and Punjab stations, strengthen long positions, trading session

During the trading session at cotton market, demand for better grades of lint remained on higher side and buyers made deals on premium price to strengthen their long positions while deals in second grade of lint remained dominant for blending purposes.

Secondary buyers made deals for all grades of lint while dealings in second grade of lint changed hands at around Rs 6,500 per maund to Rs 6,525 per maund.

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