Related Keywords: Aggressive buying, Cotton market, domestic and world market, keep spinners active, keeping trading activity brisk, quality lint, rising demand for cotton yarn, rush due to latest cotton production figures, seed cotton, Spinners, Spinners purchased much more this season, sudden dip in phutti arrival of phutti
Aggressive buying of quality lint by spinners was witnessed at cotton market on Friday keeping trading activity brisk. A broker said that the rush could be due to the latest cotton production figures which have shown a sudden dip in phutti arrival of phutti (seed cotton).
Apparently, spinners are not willing to take any risks and readily entered into deals even at higher rates. A salient feature of cotton trading was that most deals were of good quality, big lots.
