Related Keywords: as spinners rushed to replenish their stocks, cotton market on Friday, Cotton prices remain firm, Improved business activity, official spot rate remain unchanged, revival of buying interest seen in the market, rising trend in international markets, worried for losing their traditional market
With improved business activity, dealers said that cotton prices remain firm on the cotton market on Friday. The official spot rate remain unchanged at Rs 6250. According to some experts, the revival of buying interest seen in the market as spinners rushed to replenish their stocks. In Sindh, seed cotton prices were at Rs 2600-3250, while the Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.
