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Related Keywords: buyers purchased better grades, cotton seed, demand of better, KCA, major stations of Punjab and Sindh, physical prices strong, second grade of cotton, slightly higher price, spot rate, Trading sessio

During the trading session in major stations of Punjab and Sindh, the demand of better and second grade of cotton kept physical prices strong. Buyers purchased better grades of cotton at a slightly higher price at around Rs 7,550 per maund to Rs 7,625 per maund.

Buyers bought the commodity at a premium price while ginners made deals for second grade of lint in anticipating paucity in the forthcoming trading sessions at the lint market.

The physical prices would likely remain firm on paucity of better grades arrival of phutti (cottonseed) in ginneries.

Related Keywords: 000 per maund, 075 per maund, better grades of cotton, Buyers with liquidity, deals for second grade of lint, demand for all grades of cotton, fetched above Rs 7, leading stations of Punjab and Sindh, made a month forward deals, matured above Rs 7, Physical prices remained firm, second grade of cotton, trading session

At leading stations of Punjab and Sindh, better grades of cotton fetched above Rs 7,075 per maund and deals for second grade of lint were matured above Rs 7,000 per maund during trading session. Demand for better grades of lint would keep market sentiments in green till the time when second shipment of import more than 100,000 bales could arrive.

Related Keywords: cotton bales, Cotton market, December closing, Karachi Cotton Association, Karachi cotton exchange, kerb market, second grade of cotton, slow down in trading activity, Spinners, spot rates remained unchanged, trading remained slow

Cotton market witnessed slowed down in trading activity due to December closing. At the Karachi Cotton Exchange on Tuesday, trading remained slow, while spot rates remained unchanged.

The spot rates stood firm at Rs7,000/maund (37.324kg) and Rs7,502/ 40kg. Ex-Karachi rates also remained unchanged at Rs7,145/ maund and Rs7,657/ 40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

Related Keywords: amid steady physical prices, Buyers made deals for better, cotton bales, Depleting stocks, focus on better grades of lint, KCE, kept quality conscious buyers, on front foot, premium prices, second grade of cotton, secondary buyers, Spinners, spot rate, trading at lint market

Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Demand for better grades of lint would likely keep sellers in the driving seat until the arrival of 100,000 cotton bales imported. Sellers were steadfast in negotiating on their asking prices on the back of shrinking quality during trading session at major stations of Punjab and Sindh.

Related Keywords: Buyers made forward deals, buyers and sellers, buying of second grade lint, cotton bales, Cotton market, looking for better grades, month's delivery period, on higher side, remained busy in price wars, second grade of cotton, stable physical prices, trading session

Trading session at cotton market witnessed buying of second grade lint on the higher side with stable physical prices. Buyers also made forward deals for a month's delivery period in second grade of cotton. On the other hand buyers and sellers looking for better grades remained busy in price wars to make deals.

Most deals for second grade of lint changed hands at around Rs 6,500 per maund, during trading session in Punjab and Sindh stations. Raw grades of lint changed hands at Rs 5,975-Rs 6,000 per maund, depending on trash level during trading session.