Related Keywords: KCA, meet near future demand, overnight recovery trend sustained, Pakistan cotton market, short supply of quality cotton restricted trade volume, spinners rushing to book quality lint, spot rate, strond demand from spinners, trading activity picking up rapidly
Trading activity at the cotton market on Tuesday picked up rapidly with spinners rushing to book quality lint to meet their near-future demand. The overnight recovery trend sustained itself on strong demand from spinners. However, short supply of quality cotton restricted trade volume.
According to market sources, a sudden turnaround in world cotton markets influenced the domestic market which had been otherwise moving slow. The cotton yarn market also reportedly witnessed higher trading activity.
