Related Keywords: cotton, cotton trade would remain slow, influenced some needy spinners, Karachi Cotton Association, pushes cotton prices higher, raised its spot rates by Rs fifty per maund, rising demand, rushed to replenish their stocks, short supply, Shortage of quality cotton, till arrival of next crop
Rising demand and short supply pushes cotton prices higher on Thursday. However, there is a shortage of quality cotton which influenced some needy spinners who rushed to replenish their stocks, brokers said. The Karachi Cotton Association also raised its spot rates by Rs50 per maund.