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Trading activity remain moderate at cotton market

Related Keywords: availability of quality cotton, cotton market on Tuesday, cotton season, domestic market, KCA, lower level, ready counter, Renewed buying interest, resulted in some trading activity, spot rate, supply of quality lint, trading activity moderate

Trading activity remain moderate due to renewed buying interest at the lower level at the cotton market on Tuesday. However, the availability of quality cotton resulted in some trading activity.

Trading on ready counter was fairly moderate as needy spinners went for quality cotton. The following deals were reported to have changed hands on ready counter: 7,000 bales, Alipur, at Rs7,000; 400 bales, Jalalpur, at Rs7,100; 2,487 bales, Rahimyar Khan, at Rs7,300; and 800 bales also, Rahimyar Khan, at Rs7,000.

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