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Trading remain at moderate pace with deals in second grade of cotton

Related Keywords: buyers are eyeing on imports, buyers making deals, Buyers with less liquidity bought better grades, by more than three million bales crop season, fibre traders, forward deals changed hands for better grades, Karachi Cotton Association, remained at moderate pace, second grade of lint, spot rate cotton output decline, Trading in lint market

Trading in lint market remained at moderate pace with buyers making deals for second grade of lint while forward deals also changed hands for better grades, fibre traders said.

Firmness of physical prices provided weak sellers to fetch better bottom-line price. Buyers with less liquidity bought better grades according to their immediate need while weak sellers withholding raw grade of lint offloaded their stocks on better price-parity level, floor brokers said.

Lint market sentiments remained firm on forward trading, traders at the Karachi Cotton Association (KCA) said.

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