Related Keywords: considerable slow, diverted buying towards Indian cotton, fearing long delay in payments, ginners reluctant to enter into big deals, Holiday mood, leading spinning groups, local market under the grip, slow arrival of quality cotton, slowing down business, trading activity, world cotton market
As the holiday mood prevailed in world cotton markets, the local market have also come under the grip of general lethargy, slowing down business deals to a very low level, brokers added.
Due to Christmas and New Year holidays trading activity has slowed down in world leading cotton markets, this has also reflected on domestic market. Ahead of bank closing, ginners were reluctant to enter into big deals fearing long delay in payments against their deals Keeping trading activity considerable slow on Monday at cotton market in Pakistan.