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Slight improvement seen at cotton market

Related Keywords: cotton bales, failed to finalize deals in huge way, ginners have very little quantity of stock at present, needy spinners and mills, official spot rate unchanged, Pakistan cotton market, showing interest in small deals

With needy spinners and mills showing interest in small deals, a slight improvement was seen on Tuesday at the cotton market. However, the spinners have failed to finalize deals in a huge way as the ginners have very little quantity of stock at present, dealers said.

The official spot rate remained unchanged at Rs 5,200 while in Punjab prices were at Rs 2400 and Rs 3000 and in the ready business, over 3,000 bales of cotton changed hands between Rs 5200 and Rs 5500

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