Related Keywords: cotton prices, delay in arrival of next crop, dwindling cotton stocks, KCA, Pakistan cotton market, quality lint running short, remain on higher side, Slow trading on cotton market, spinning sector, spot rate
Slow trading was witnessed on Friday on cotton market as cotton prices continued to remain on the higher side with dwindling cotton stocks and spinners kept looking for quality lint which is running in short supply.
The Karachi Cotton Association (KCA) left its spot rates unchanged.
The textile industry, particularly the spinning sector expressed concern over the long delay in the arrival of next crop and falling cotton stock.