Related Keywords: anticipation of further decline in spot rate, back of grade issue, buyers made selective deals, Cotton market, export orders needs fine end-products, forward deals changed hands for second grade lint, immediate need, local output short, physical price remained under downward adjustment, textile sector to import more fine grades, trading session
During the trading session at cotton market, buyers were seen making selective deals according to their immediate need on back of grade issue and in anticipation of further decline in spot rate while physical price remained under downward adjustment besides forward deals changed hands for second grade lint, floor brokers said.
