Related Keywords: KCA, leading buyers, Lint market, made deals on slightly higher price, Pakistan cotton market, physical prices firm, remained grade conscious, selective buying, Spinners, spot rate
Leading buyers at cotton market remained grade conscious and only made deals on slightly higher price according to their immediate need of lint. Selective buying in lint market kept physical prices firm, said traders at the Karachi Cotton Association (KCA) on Monday.
During the trading session, mills in Sindh and Punjab stations purchased all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,675 per maund to Rs 4,975 per maund in order to capitalise maximum returns on their proceeds, floor brokers said.
