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Asking price raised by ginnners amid fresh buying at Pakistan cotton market

Related Keywords: amid fresh buying, Ginners, ICE cotton rose, leading mills and spinners, Pakistan Cotton Ginners Association, Pakistan cotton market, strong demand for US cotton

Active buying by some leading mills and spinners was seen but the ginners were not ready to oblige them by lowering the rates. In fact, ginners raised asking prices amid fresh buying by mills and spinners, at Pakistan cotton market on Wednesday.

According to Cotton analyst, Naseem Usman, the Pakistan Cotton Ginners Association (PCGA) issued fortnightly phutti arrivals report till February 15, at 14.6 million bales.

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