Related Keywords: buyers made deals for better lint grade, cotton trading, growing demand, KCA spot rates, of growing demand of yarn and cloth, Pakistan cotton market, Price fixation of cottonseed, remained firm, shrinking stocks, slightly higher price
Cotton trading at Pakistan cotton market remained firm as buyers made deals for better grade of lint on slightly higher price. The leading buyers also strengthen their long position by making deals for better grade lint, as per traders.
Around 1,000 bales changed hands while fine quality cotton fetched better price around Rs 6,600 per maund.
The KCA spot rates remained strong at Rs 6,300 per maund. But some ready market deals changed hands below KCA's prevailing spot rates during the trading session.
