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Related Keywords: ahead of PCGA fortnightly report, China plans to cut production, cotton bales, indulged in fresh buying, leading buyer, market sources, Pakistan cotton market, seed cotton, Spinners, spot rates remained unchanged, trading activity improved

With some leading buyers indulged in fresh buying ahead of the Pakistan Cotton Ginners Association (PCGA) fortnightly report due shortly, trading activity on the cotton market witnessed improved on Wednesday, according to market sources.

In the ready business, about 4000 bales of cotton changed hands between Rs 4700 to Rs 5600, dealers said.

However, the official spot rate remained unchanged at Rs 5,350. While, in Sindh, prices of seed cotton remained between Rs 1600 and Rs 2800, in the Punjab, rates were at Rs 2000 and Rs 3000.

Related Keywords: exporters took part, improvement in phutti supply, official spot rate sustained, Pakistan cotton cotton, slip in rates, spinners and mills, trading activity improved, trying to lay hands

The Pakistan cotton market on Monday after an improvement in phutti supply, trading activity improved as exporters also took part due to slip in rates. Dealers said that the official spot rate sustained overnight level at Rs 4,550. While, cotton prices in Sindh were lower by Rs 50 to Rs 2300 and Rs 2400 and in Punjab rates at Rs 2200 and Rs 2400.

In the ready business, over 16,000 bales of cotton changed hands between Rs 4600 and Rs 4700, dealers said.

Related Keywords: GIDC, official spot rate, Pakistan cotton market, remained unchanged, seed cotton price, spinners buying cotton, trading activity improved, unsold stock

Trading activity on the cotton market on Saturday witnessed improvement as needy spinners indulged in buying cotton to meet their needs. The official spot rate remained unchanged at Rs 5450, dealers said.

In the ready session, over 5000 bales of cotton changed hands between Rs 5400 and Rs 5650, they said. Seed cotton prices in Sindh were at Rs 2600-2700 and in Punjab rates were at Rs 2800 and Rs 2900, they said.