Related Keywords: bargaining prices, blending purpose, buyers made cautious deals for second grade lint, domestic market, Ginners, insignificant demand from leading buyers, KCA, Pakistan cotton market, spot rate, textile sector, Trading activity remain dully
Trading activity remained dull at the cotton market on insignificant demand from leading buyers. According to floor brokers, buyers made cautious deals for second grade lint for blending purpose on bargaining prices at around Rs 5,300 per maund during the trading session. Around 200 bales changed hands.
The Karachi Cotton Association (KCA) corrected the spot rate downward by Rs 50 per maund to remain at Rs 5,750 per maund.