Related Keywords: cotton bales, official spot rate, Pakistan cotton market, quality lint, selective buying witnessed, Spinners
Pakistan cotton market witnessed selective buying again on Friday amid tight supply of quality lint. Only needy buyers were seen covering their immediate requirement.
In the ready session, around 7,000 bales of cotton changed hands between Rs 4400 and Rs 5200. The prices of seed cotton in Sindh were at Rs 1900 and Rs 2350 and in Punjab rates were at Rs 2000 and Rs 2650. While, the official spot rate remained unchanged at Rs 5000
