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Related Keywords: affect pricing, cotton bales, cotton growing areas, entered in the market, Ex Karachi rates, increased demand, Karachi cotton exchange, new crop, slow trading activity, slowed down the arrivals, spot rates increased, two station of Punjab

At the Karachi Cotton Exchange, slow trading activity was witnessed on Wednesday, while spot rates increased to Rs6,300/maund (37.324kg) and Rs6,752/40kg.

Ex-Karachi rates also increased to Rs6,435/maund and Rs6,897/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded trade of 1,400 bales from six stations in between Rs6,300/maund to Rs6,520/maund.

Trade was recorded from Shahdadpur, Mirpurkhas, Jamsabad and Golarchi in Sindh, while two stations of Punjab, Chichawatni and Burewala, also entered in the market with the new crop.

Related Keywords: arrival of the new crop, Ex Karachi rates also increased, ginners remained successful, ginning factories, Karachi cotton exchange, keeping prices stable, market prices are going upward, normal trading activity witnessed, oversold market, spot rates increased

At the Karachi Cotton Exchange, normal trading activity was witnessed on Wednesday, while spot rates increased Rs50/maund to Rs6,200/maund (37.324kg) and Rs6,645/40kg. Ex-Karachi rates also increased to Rs6,335/maund and Rs6,790/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded seven transactions changed hands of around 5,000 bales from Sindh at a price of Rs6,350/maund to Rs6,400/maund. Deals were noted from Hyderabad, Tando Adam, Kotri, Sanghar, Shahdadpur, Mirpurkhas and Sinjoro.