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Related Keywords: cotton bales, Cotton market, dull trading activity witness, Karachi Cotton Association, kept themselves from away, seed cotton, Spinners, spot rate unchanged

As spinners at cotton market kept themselves from away, dull trading activity was witness on Thursday. Deals of as many as 2,700 maunds of phutti (seed cotton) took place in Umer Kot at Rs3,625, Kunri at Rs3,575, Degree at Rs3,550, Mirpur Khas at Rs3,525 and Badin at Rs3,600.

Major deals that changed hands on the ready counter were: 400 bales from Rahim Yar Khan at Rs7,000, 200 bales from Vehari at Rs6,875 and 200 bales from Mirpur Khas at Rs7,000 (new crop).

Related Keywords: amid strong physical prices, around nine thousand bales changed hands, Cotton market, Karachi cotton exchange, KCA, Leading buyers eager for quality lint, moderate trading activity, new crop delay, spot rate unchanged, spot rates increased as very little stocks were left with the ginners, trading remained slow

Moderate trading activity witnessed at the cotton market amid strong physical prices with around 9,000 bales changed hands. While, at the Karachi Cotton Association (KCA) spot rate unchanged at Rs 6,700 per maund, fibre traders said.

Leading buyers remained eager for quality lint and bought fine lots on slightly higher prices during the trading session.

According to senior trader, Ghulam Rabbani, leading buyers were concentrating on better grades and the ginning units kept maintaining quality as big groups were making deals for future needs.

Related Keywords: buyers made selective deals, eyeing domestic better grades, Karachi Cotton Association, leading buyers, making forward deals at premium prices, on grade issue, raw grade stuff, Second grade of lint for blending purposes, spot rate unchanged, strengthened long positions

The buyers made selective deals on grade issue and also strengthened their long positions by making forward deals at premium prices, traders at Karachi Cotton Association (KCA) said. KCA kept spot rate unchanged at Rs 6,750 per maund.

Sellers withholding better grades remained in the driving seat due to paucity of premium stuff while KCA remained busy taking steps to provide maximum benefit to the weak stakeholders to capitalise maximum on their raw stuff, floor brokers said.

Related Keywords: Buyers keen to build up stock, cotton bale, Cotton market, Cotton prices remain firm, equally not ready to pay extra price for lint. sellers knowing about shortage of quality cotton, fully exploit the situation, KCA, spot rate unchanged, strong demand for quality cotton

Cotton prices remain firm with strong demand for quality cotton on Wednesday at cotton market. Buyers were keen to build up stock but they were equally not ready to pay extra price for the lint. Whereas, sellers on their part knowing about the shortage of quality cotton wanted to fully exploit the situation.

Both sellers and buyers tried to turn the situation in their favour. Nevertheless, needy spinners managed to finalize some deals at high rates as they were not ready to take risk due to rising cotton prices in most of the world markets.

Related Keywords: already imported small quantities of cotton, amid undeclared ban, causing lot of confusion in market, currently faced with a situation, floor brokers, imported cotton for despatching, Indian cotton imports, KCA, pay freight cost, sign of resentment, spot rate unchanged, steady flow of buying oreder

The issue of Indian cotton imports amid undeclared ban is causing a lot of confusion in the market. Floor brokers are showing a sign of resentment. Brokers said that those who have already imported small quantities of cotton from India are currently faced with a situation where they will have to pay freight cost on imported cotton for despatching it back to the country of origin.

Yet , there is steady flow of buying orders from spinners . It has helped the cotton market to maintain overnight prices.

The Karachi Cotton Association left its spot rates unchanged.

Related Keywords: amid fall in cotton yarn demand, cotton price move downwards, KCA, lack of buying interest, local spinners and mills, market failed to attract buying interest, Pakistan cotton market, spot rate unchanged, turnover remined low

At the end of week, cotton market turnover remained low due to lack of buying interest from local spinners and mills. Cotton prices continued to move downwards on Saturday, amid fall in cotton yarn demand.

Traders bought near 1500 bales at the ready counter with prices plunging down to Rs5,300/maund. Brokers said that trader sentiments remained bearish as they preferred to make small transactions in accordance with their immediate demand.

The Karachi Cotton Association kept the spot rate unchanged at Rs5,500/maund.

Related Keywords: buyer and seller, buyers keen for fine grade quality lint, deals on slightly higher prices, KCA, Pakistan cotton market, remained entangled in price war, second grade stuffsecond grade stuff, spot rate unchanged, textile sector, trading session

Buyers at the cotton market remained keen for fine grade quality lint and made deals on slightly higher prices at around Rs5,500 per maund on Monday during the trading session. About 3,000 bales changed hands.

The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,250 per maund.

According to senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff. Some buyer to cater their immediate need went ahead to purchase the grade at around Rs 5,225 per maund.

Related Keywords: buyers eager for quality lint, focus on fine grade, Ginners, Karachi Cotton Association, made deals on slightly higher prices, Pakistan cotton market, spot rate unchanged, trading session cotton bales

At Pakistan cotton market on Thursday focus was more seen on fine grade as buyers remained eager for quality lint and made deals on slightly higher prices at around Rs5,525 per maund during the trading session. Around 3,900 bales changed hands. The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,400 per maund.

According to a senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff and buyers bought the grade at around Rs 5,175 per maund to cater their immediate need.

Related Keywords: continued day to day buying, cotton buying, depending on everyday need, KCA, Pakistan cotton market, remained stable, spot rate unchanged, textile mill owners, trade turnover stable

Cotton buying remained stable with textile mill-owners continuing to make day-to-day buying depending on their everyday need, a dealer said on Wednesday. At the local market the trade turnover of cotton maintained stability at 3,500 bales (155 kilogram each).

According to brokers at the Karachi Cotton Exchange, medium to small size cotton yarn manufacturers, on an average, are buying up to 5,000 bales per day, while some of the big textile mill-owners are also in the markets for selling the commodity from their reserves built at a comparatively cheaper rate.

Related Keywords: cotton bales, dull trading witnessed, ginners raised asking prices, international market, Pakistan cotton market, seed cotton, shortage of lint cotton, spot rate unchanged

Dull trading was witnessed at the Pakistan cotton market on Monday as most of the ginners again raised asking prices as they have very little stock of lint cotton. The official spot rate remained unchanged at Rs 5300.

Market sources said that trading activity came down in the absence of mills' buying interest as the ginners kept on the sidelines because of shortage of lint cotton. Nearly 1,000 bales of cotton sold at Rs 5650.

The prices of seed cotton in Sindh were at Rs 1900 and Rs 2500 and in Punjab rates were at Rs 2200 and Rs 3000, dealers reported.