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Cotton price estimated to remain around Rs 4,800 per quintal at harvest

Related Keywords: Acharya NG Ranga Agricutural University, assuming normal area, Cotton Association of India, cotton mills and ginners, harvest time, higher estimates of consumption, Kapas prices, lower than expected arrivals of crop, purchasing cotton, remained firm, tight supply

Kapas prices have remained firm in the range of Rs.5, 900 -6000 per quintal, over the past few weeks due to lower than expected arrivals of crop and higher estimates of consumption. So far about 208-210 lakh bales or about 61 percent of the total crop has arrived, according to trade sources.

For the next few weeks cotton prices will continue to remain firm with higher estimates of consumption and tight supply at harvest time,

Demand for better grades kept lint prices slightly higher

Related Keywords: buyers made deals for better lint grade, cotton trading, growing demand, KCA spot rates, of growing demand of yarn and cloth, Pakistan cotton market, Price fixation of cottonseed, remained firm, shrinking stocks, slightly higher price

Cotton trading at Pakistan cotton market remained firm as buyers made deals for better grade of lint on slightly higher price. The leading buyers also strengthen their long position by making deals for better grade lint, as per traders.

Around 1,000 bales changed hands while fine quality cotton fetched better price around Rs 6,600 per maund.

The KCA spot rates remained strong at Rs 6,300 per maund. But some ready market deals changed hands below KCA's prevailing spot rates during the trading session.

Cotton prices remained firm post holiday session

Related Keywords: Cotton market, cotton prices, expected rise in phutti supply, may pick up in coming days, official spot rate unchanged, participants busy exchanging Eid greetings, post holiday sesssion, rates may not move up sharply, remained firm, trading activity

Prices at the cotton market remained firm during the post holiday session on Saturday, dealers said. According to the market sources, holiday mood persisted as almost all participants were busy in exchanging Eid greetings.

The official spot rate was unchanged at Rs 5,800, while in Sindh and Punjab, prices of seed cotton were at Rs 2700-3100, per 40 kg, respectively.

In ready business, around 1000 bales of cotton changed hands between Rs 6050 and Rs 6100, dealers said.

Trading activity remains moderate amid firm spot rate at cotton market

Related Keywords: buyers and sellers entangled in price war, cotton bales, Cotton market, KCA, production of lint in ginneries of Sindh and Punjan, remained firm, remained moderate, strong spot rate amid higher demand for fine grades, trading activity

The trading activities remained firm in cotton market with strong spot rate amid higher demand for fine grades, traders at Karachi Cotton Association (KCA) said on Friday. The buyers and sellers were entangled in price war while deals for all grades changed hands on competitive prices in Sindh and Punjab stations at around Rs 5,000 per maund to Rs 5,400 per maund while production of the lint in the ginneries of Sindh and Punjab remained moderate, however around 3,960 bales were produced, floor brokers said.

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