Related Keywords: before shrinking fine grade lint, build up inventories, Cotton market, fine grade lint demand, Karachi Cotton Association, physical prices firm, potential buyers made deals, producing better textile products, second grade cotton, spot rate stayed steady, Trading week
During trading week at cotton market, fine grade lint demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices firm while spot rate stayed in steady zone. Buyers at major stations of Punjab and Sindh remained busy buying fine grades as demand of better grades was growing on back of producing better textile products while potential buyers made deals for all grades in order to build up their inventories before shrinking fine grade lint, dealers said.
