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Related Keywords: anticipation of less arrival, buyers purchased all grades of cotton, demand for better grades of lint, keeping physical prices firm, kept market bottom line prices firm, remained in focus, Sellers withholding better grades of lint, Sindh and Punjab stations, sizeable deals made for second grade of lint, Trading session at lint market

During trading session at lint market in Sindh and Punjab stations demand for better grades of lint remained in focus keeping physical prices firm while buyers purchased all grades of cotton that kept market’s bottom line prices firm.

Buyers made sizeable deals for second grade of lint and also forward deals for second grade of lint at around Rs 6,425 per maund to Rs 6,450 per maund. Buyers also made one month forward deals at around Rs 6,225 per maund to Rs 6,250 per maund.

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: as well as international commitments, assortment basis, better stocks shrinking, buyers were purchasing lint, during trading at the cotton market, fine lint, meet their domestic, remained in focus, spot rate also stayed firm, textile and cloth, Trading volumes stood thin, with strong physical price

Fine lint remained in focus with strong physical price during trading at the cotton market. Trading volumes stood thin as buyers were purchasing lint on an assortment basis with better stocks shrinking to meet their domestic, as well as international commitments of textile and cloth, traders reported. Spot rate also stayed firm.