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Related Keywords: better grade lint, cotton bales from US, Cotton market, Ginners, Karachi Cotton Association, KCA, KCE, prices of all grades of cotton stood firm, raw lint, spinning mills, spot rate remained intact, trading session

At the cotton market, the prices of all grades of cotton stood firm during the trading session, according to traders. Around 9,600 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,850 per maund with better lint in focus, fibre traders reported.

Floor brokers said that leading buyers in Sindh and Punjab stations bought better grade lint on premium prices offered by ginners during the trading session.

Related Keywords: better lint remaining in focus, cotton prices remained firm, Karachi Cotton Association, Karachi cotton market, spot rate remained intact, Trading session at Punjab and Sindh stations

Trading session at Punjab and Sindh stations, cotton prices remained firm, according to traders at the Karachi cotton market. While the Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,750 per maund with better lint remaining in focus.

Shrinking stocks of better quality forced buyers to pay premium prices on deals and domestic sellers also began demanding slightly higher prices.

Related Keywords: cotton bales, cotton market on Tuesday, ginners kept asking for higher prices, Karachi Cotton Association, limited stocks, lint, owing to short supply of quality cotton, spinners were reluctant to pay more, spot rate remained intact, Trading session remained moderate

Trading session remained moderate at the cotton market on Tuesday owing to short supply of quality cotton. The Karachi Cotton Association's (KCA) spot rate remained intact at Rs 6,800 per maund. While ginners kept asking for higher prices due to limited stocks, spinners were reluctant to pay more, brokers said.

According to a senior trader, Ghulam Rabbani, the volumes remained small with growing demand for better grades of lint on slightly higher price by the mills and spinning sector during the trading session.

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At Pakistan cotton market, leading buyers were seen making deals to meet their immediate requirement of lint on back of grade issue and in anticipation of decline in spot rate. Spinners in Sindh and Punjab stations bought fine grades on competitive price at around Rs 5,575 per maund to Rs 5,600 per maund while general buyers made deals for all grades in Punjab and Sindh stations at around Rs 4,975 per maund to Rs 5,200 per maund, traders said on Friday.