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Firm trading activity witnessed at cotton market

Related Keywords: Buyers bought better grades of lint, cotton bales, Cotton market, forward deal, higher than market physical prices, improved demand from garments, KCE, Punjab and Sindh stations, raw grade of lint, sellers in the driving seat, spot rate, textile made up exporters, Trading activity remained firm, trading session

Trading activity remained firm at cotton market as buyers bought better grades of lint on higher than market physical prices during trading session in Punjab and Sindh stations, keeping sellers in the driving seat.

Buyers made deals in better and second grade of cotton on shrinking stocks. Spinners bought second grade of lint at around Rs 6,500-Rs 6,525 per maund, in parts of Sindh and Punjab stations.

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