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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.

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Cotton prices pushed higher on Friday with steady flow of buying orders. But no pick up seen in the trading activity as ginners held stocks anticipating higher prices in the coming days. Deal was reported to be conditional.

The Karachi cotton Association raised its spot rates by Rs50, to Rs6,700 per maund on Fri¬day.

Nevertheless, trading was marked by a single big deal of 5,801 bales which was quo¬ted at a high price of Rs7,200 per maund (around 37 kilograms).

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The cotton market recovering with renewed buying interest from spinners on Wednesday. Floor brokers said that spinners rushed back to meet their short-term requirement, but their buying remained restricted to small-lot transactions ahead of bank closing and New Year eve.

Due to steady flow of buying orders at the lower level lint prices regained recent losses and finished Rs50 higher on ready trading.