YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Trading activity remain firm at cotton market

Related Keywords: Buyers made deals for better grades of lint, Cotton market, Karachi Cotton Association, Karachi Cotton Exchange normal trading was witnessed, mills and spinners bought cotton of all qualities, premium prices, spot rate remain intact, Trading activity remained firm, trading session

Trading activity remained firm at the cotton market as mills and spinners bought cotton of all qualities at around Rs 6,675 per maund to Rs 6,725 per maund during the trading session, dealers said. Buyers made deals for better grades of lint on premium prices, as more than 9,000 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,800 per maund.

Moderate trading activity seen with firm cotton prices

Related Keywords: Cotton market, cotton prices expected to increase, cotton prices firm, increase cotton demand, KCA, leading mills, Moderate trading activity witnessed, nine thousand bales changed hands, purchased cotton of all qualities, Spinners, spot rate remain intact, trading session

Moderate trading activity witnessed at the cotton market, as more than 9,000 bales changed hands. Dealers said that the leading mills and spinners purchased cotton of all qualities during the trading session.

The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,700 per maund. While, the physical market prices remained between Rs 6,350 per maund and Rs 6,600 per maund.

The mills bought quality cotton on slightly higher rates while spinners of Sindh strengthened their long positions.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button