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Cotton price remains stable

Related Keywords: bit higher price, buyers made deals for all qualities, buying better grades, domestic buyers, KCA, made selective deals on slightly higher prices, offered by ginners, Pakistan cotton market, prices remained stable, Spinners and mills remained quality conscious, spot rate, trading session

During the trading session at Pakistan cotton market, prices remained stable. Buyers made deals for all qualities offered by the ginners. Deals changed hands at around Rs 6,025 per maund to Rs 7,325 per maund. Domestic buyers were buying better grades on a bit higher price as they bought around 200 bales at Rs 7,250 per maund.

Spinners and mills remained quality conscious and made selective deals on slightly higher prices during the session while the leading sellers sensing future demand of quality lint offered few stocks on higher prices to the buyers.

Prices of better grades of cotton in green

Related Keywords: better grades of lint, Buyers anticipating upward change in prices, cotton bales, KCA, kept physical prices stable, made forward deals of better grades, major stations of Punjab and Sindh, remained on the higher side, Spinners, spot rate, trading session, trading volumes in second grade of cotton, upcoming trading sessions

Better grades of lint kept the physical prices stable while trading volumes in second grade of cotton remained on the higher side during the trading session in major stations of Punjab and Sindh.

Buyers in anticipation of an upward change in prices in the upcoming trading sessions made forward deals of better grades. Buyers made forward deals for a month period at around Rs 6,550 per maund and Rs 6,600 per maund.

Buyers purchased commodity at a premium price and mills consolidated their inventories in anticipating paucity in coming trading sessions at lint market.

Buying remains firm with higher demand for better grade

Related Keywords: 475 per maund, 675 per maund, above Rs 7, Buyers purchased better grades of cotton, buying remained firm, changed hands above Rs 7, deals for second grade of lint, demand for all grades, Demand for better grades of cotton, fetched a premium price, leading stations of lint market, Physical prices, Punjab and Sindh, remain firm, trading session

During trading session at leading stations of lint market in Punjab and Sindh, buying remained firm with demand for better grades of cotton which fetched a premium price. Buyers purchased better grades of cotton above Rs 7,675 per maund and deals for second grade of lint changed hands above Rs 7,475 per maund.

Selective buying witnessed at cotton market

Related Keywords: better grades at a slightly higher price, Buyers also made forward deals, cotton bales, Cotton market, for a month in anticipation, further increase in better stuff prices, KCA, leading buyer made deals, maintain inventories, shrinking of better grades of lint, spot rate, trading session

During the trading session at the cotton market due to shrinking of better grades of lint, leading buyer made deals for better grades at a slightly higher price to maintain their inventories. Buyers also made forward deals for a month in anticipation of a further increase in better stuff prices.

The physical prices remained steady and influx of phutti (cottonseed) in ginneries remained normal.

Better grades of lint remain in focus at leading stations

Related Keywords: 000 per maund, 075 per maund, better grades of cotton, Buyers with liquidity, deals for second grade of lint, demand for all grades of cotton, fetched above Rs 7, leading stations of Punjab and Sindh, made a month forward deals, matured above Rs 7, Physical prices remained firm, second grade of cotton, trading session

At leading stations of Punjab and Sindh, better grades of cotton fetched above Rs 7,075 per maund and deals for second grade of lint were matured above Rs 7,000 per maund during trading session. Demand for better grades of lint would keep market sentiments in green till the time when second shipment of import more than 100,000 bales could arrive.

Demand for second grade of lint remains dominant during trading session

Related Keywords: blending purpose, Buyers made sizeable deals for second grade of lint, Demand of second grade of cotton, leading buyers made forward deals, physical prices remained steady, remained dominant, Sindh and Punjab stations, spinners purchased, trading session

Demand of second grade of cotton remained dominant during trading, spinners purchased the commodity for blending purpose at Rs 6,425 per maund while the leading buyers made forward deals for second grade of lint at around Rs 6,400 per maund to Rs 6,450 per maund.

Buyers made sizeable deals for second grade of lint during trading session in Sindh and Punjab stations while physical prices remained steady. Buyers also made deals in all grades of cotton that kept market’s volumes moderate.

Buying of second grade lint remained on higher side

Related Keywords: Buyers made forward deals, buyers and sellers, buying of second grade lint, cotton bales, Cotton market, looking for better grades, month's delivery period, on higher side, remained busy in price wars, second grade of cotton, stable physical prices, trading session

Trading session at cotton market witnessed buying of second grade lint on the higher side with stable physical prices. Buyers also made forward deals for a month's delivery period in second grade of cotton. On the other hand buyers and sellers looking for better grades remained busy in price wars to make deals.

Most deals for second grade of lint changed hands at around Rs 6,500 per maund, during trading session in Punjab and Sindh stations. Raw grades of lint changed hands at Rs 5,975-Rs 6,000 per maund, depending on trash level during trading session.

Firm trading activity witnessed at cotton market

Related Keywords: Buyers bought better grades of lint, cotton bales, Cotton market, forward deal, higher than market physical prices, improved demand from garments, KCE, Punjab and Sindh stations, raw grade of lint, sellers in the driving seat, spot rate, textile made up exporters, Trading activity remained firm, trading session

Trading activity remained firm at cotton market as buyers bought better grades of lint on higher than market physical prices during trading session in Punjab and Sindh stations, keeping sellers in the driving seat.

Buyers made deals in better and second grade of cotton on shrinking stocks. Spinners bought second grade of lint at around Rs 6,500-Rs 6,525 per maund, in parts of Sindh and Punjab stations.

Demand for better grades of lint remain high at cotton market

Related Keywords: blending purposes, buyers made deals, cotton bales, Cotton market, deals in second grade of lint, demand for better grades of lint, premium price, remained dominant, remained on higher side, Sindh and Punjab stations, strengthen long positions, trading session

During the trading session at cotton market, demand for better grades of lint remained on higher side and buyers made deals on premium price to strengthen their long positions while deals in second grade of lint remained dominant for blending purposes.

Secondary buyers made deals for all grades of lint while dealings in second grade of lint changed hands at around Rs 6,500 per maund to Rs 6,525 per maund.

Active trading activity continued on the cotton market

Related Keywords: cotton arrival, Cotton market, Karachi cotton exchange, kept trading activity brisk, needy spinners, pushed lint prices higher, rising trend in prices, second consecutive session on Thursday, selling pressure checked, some exporters, spot rate, strong demand, trading session

Strong demand from needy spinners and some exporters pushed lint prices higher and kept trading activity brisk on the cotton market for the second consecutive session on Thursday. Consequently, during second half of the trading session selling pressure checked the rising trend in prices.

However, by and large buyers remained in the forefront and tried to get hold of quality lots. As a result prices moved higher by Rs50 in ready trading. The official spot rates were also revised higher by Rs50 to Rs6,100 per maund.

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