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Restricted buying by mills and spinners kept cotton rates firm

Related Keywords: cotton bales, Cotton growers, Cotton market, cotton rates firm, official spot rate remained unchanged, phutti rates, Restricted buying by mills and spinners, seed cotton prices unmoved

In the process of restricted buying by mills and spinners, cotton rates were firm at the cotton market on Friday, as per dealers. The official spot rate remained unchanged at Rs 6300. In Sindh, seed cotton prices were unmoved at Rs 2800-3350 while in Punjab, phutti rates held the overnight levels at Rs 2800 and Rs 3550, as per 40 kg.

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