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Related Keywords: Cotton market, Karachi Cotton Association, Karachi cotton exchange, keeping prices firm at overnight level, revival in buying interest, Some spinners made big lot deals, spinners moving to replenish their stocks, spot rates firm, steady flow of buying orders, trading activity remain slow, world cotton production to rise

With some spinners moving to replenish their stocks, cotton market on Tuesday saw revival in buying interest. Some spinners also made big-lot deals with steady flow of buying orders keeping prices firm at overnight level.

Brokers said that the rising trend in world cotton prices could have induced some spinners to build up stocks at current rates.

Related Keywords: acute shortage of irrigation water, back of depleting stocks, Better grades of lint remained in demand, buyers eyeing influx of better cottonseed in the ginneries, demand for other grades of lint would not gain momentum, fear of adverse impact on cotton production, prices remained higher, spot rates firm, Trading at the lint market remained thin

Trading at the lint market remained thin as prices remained higher and spot rates firm. Better grades of lint remained in demand on the back of depleting stocks and demand for other grades of lint would not gain momentum as buyers were eyeing influx of better cottonseed in the ginneries, brokers said.
Also fear of adverse impact on cotton production due to acute shortage of irrigation water kept buyers in the forefront.