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Related Keywords: amid firm physical prices, cotton trading session, fetched premium price, Increasing demand for better grades of lint, remained entangled in price war, remained in focus, sellers and buyers, shrinking stocks of better grades, volumes traded were moderate

Increasing demand for better grades of lint remained in focus fetched premium price for shrinking stocks of better grades amid firm physical prices. At cotton trading session, it was noticed that both sellers and buyers remained entangled in price war. However, volumes traded were moderate.

In the domestic market around 200 bales of Sanghar changed hands at Rs 6,675 per maund, 100 bales of Hyderabad at Rs 6,375 per maund and 100 bales of Southern Punjab changed hands at Rs 6,625 per maund.

Related Keywords: buyer and seller, buyers keen for fine grade quality lint, deals on slightly higher prices, KCA, Pakistan cotton market, remained entangled in price war, second grade stuffsecond grade stuff, spot rate unchanged, textile sector, trading session

Buyers at the cotton market remained keen for fine grade quality lint and made deals on slightly higher prices at around Rs5,500 per maund on Monday during the trading session. About 3,000 bales changed hands.

The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,250 per maund.

According to senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff. Some buyer to cater their immediate need went ahead to purchase the grade at around Rs 5,225 per maund.