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Related Keywords: eager to clear warehouses, few stocks were left with the ginners, Karachi Cotton Exchange on Tuesday, Only three transaction were recorded to changed hands, spot rate remained unchanged, weight of lint gets reduced in hot weather, witness slow trading activity

The Karachi Cotton Exchange on Tuesday witness slow trading activity while spot rate remained unchanged. Spot rate remained unchanged at Rs6,750/maund (37.324 kg) and Rs7,234/40-kg.

Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40-kg after addition of Rs135 and Rs145 as upcountry expenses, respectively.

According to analyst, slow activity showed that only few stocks were left with the ginners. However, ginners were eager to clear their warehouses as soon as possible, as weight of lint gets reduced in hot weather.

Related Keywords: at a higher level, but water scarcity might affect the production of the crop, Cotton sowing started in Sindh, Karachi Cotton Exchange, preparations for new crop in Pakistan, remained slow with stable cotton, spot rate remained unchanged, Trading at the cotton market

Trading at the cotton market remained slow with stable cotton and preparations for new crop in Pakistan are at a higher level. Cotton sowing has started in Sindh, but water scarcity might affect the production of the crop.

The spot rate at Karachi Cotton Exchange on Monday, remained unchanged. The spot rates remained unchanged at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: after announcement of textile package. mills forced to buy back local cotton, around five thousand bales, dispute with Indian exporters, Karachi cotton exchange, KCE recorded domestic transactions, Local industry focusing on more consumption, on prices, six cotton stations, spot rate remained unchanged, trading activity remained slow

At the Karachi Cotton Exchange on Monday, trading activity remained slow. KCE recorded domestic transactions of around 5,000 bales from six stations in between Rs6,150/maund to Rs7,000/maund.

The spot rates stood unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg. Ex-Karachi rate also remained firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: buyers made deals for quality lint, cotton bales, Cotton market, domestic market, during trading session, ginners of Punjab offered cotton of all grades, ginners of Sindh offered low-grade lint, KCA, moderate trading activity seen, slightly higher prices, spot rate remained unchanged

Moderate trading activity was witnessed at the cotton market as buyers made deals for quality lint on slightly higher prices at around Rs 5,675 per maund during the trading session and around 360 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained unchanged Rs 5,450 per maund.

The ginners of Punjab offered cotton of all grades to the buyers around Rs 5,000 per maund to Rs 5,100 per maund while ginners of Sindh offered low-grade lint to the buyers around Rs 4,975 per maund.