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Cotton buying firm during trading session

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During the trading session, buyers bought all qualities of lint offered by the ginners, leading ginners sensing future demand of quality lint offered few stocks on high prices to the buyers. While, spinners bought quality cotton on slightly higher prices during the session.

The cotton trading remained firm amid steady spot rate and around 1,500 bales changed hands.

Ghulam Rabbani, a senior trader said that the buyers were accepting a bit higher prices as the leading millers bought around 900 bales at Rs around 6,575 per maund during the session.

Active trading continues amid firm prices at cotton market

Related Keywords: buyers consolidated inventories, buyers made majority deals, cotton bales, forward deals also changed hands, grade selective, KCA, KCE, Lint market, second grade stuff on premium price, Sindh and Punjab stations, some buyers made deals, spot rate, trading session

At lint market, buyers made majority deals which were grade-selective while some buyers made deals for second grade stuff on premium price. Forward deals also changed hands as buyers consolidated inventories in Sindh and Punjab stations during trading session, floor brokers said.

Buyers at lint trading remains selective on grade issue

Related Keywords: anticipation decline in spot rate, depending on grade issue, fibre traders, firm physical prices at lint market, immediate need of lint, KCE, leading buyer, making any big deal, Normal trading, only made deals on selective note, remained cautious, trading session

Leading buyer remained cautious in making any big deal as they only made deals on selective note depending on grade issue and their immediate need of lint in anticipation of decline in spot rate during trading session and with firm physical prices at lint market, fibre traders said.

Forward trading for a month period also took place, traders at the Karachi Cotton Association (KCA) said. KCA kept the spot rate intact at Rs 6,800 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level.

Moderate trading witnessed as cotton remain firm

Related Keywords: better grade lint, cotton bales from US, Cotton market, Ginners, Karachi Cotton Association, KCA, KCE, prices of all grades of cotton stood firm, raw lint, spinning mills, spot rate remained intact, trading session

At the cotton market, the prices of all grades of cotton stood firm during the trading session, according to traders. Around 9,600 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,850 per maund with better lint in focus, fibre traders reported.

Floor brokers said that leading buyers in Sindh and Punjab stations bought better grade lint on premium prices offered by ginners during the trading session.

Trading activity remain firm at cotton market

Related Keywords: Buyers made deals for better grades of lint, Cotton market, Karachi Cotton Association, Karachi Cotton Exchange normal trading was witnessed, mills and spinners bought cotton of all qualities, premium prices, spot rate remain intact, Trading activity remained firm, trading session

Trading activity remained firm at the cotton market as mills and spinners bought cotton of all qualities at around Rs 6,675 per maund to Rs 6,725 per maund during the trading session, dealers said. Buyers made deals for better grades of lint on premium prices, as more than 9,000 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,800 per maund.

Moderate trading activity seen with firm cotton prices

Related Keywords: Cotton market, cotton prices expected to increase, cotton prices firm, increase cotton demand, KCA, leading mills, Moderate trading activity witnessed, nine thousand bales changed hands, purchased cotton of all qualities, Spinners, spot rate remain intact, trading session

Moderate trading activity witnessed at the cotton market, as more than 9,000 bales changed hands. Dealers said that the leading mills and spinners purchased cotton of all qualities during the trading session.

The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,700 per maund. While, the physical market prices remained between Rs 6,350 per maund and Rs 6,600 per maund.

The mills bought quality cotton on slightly higher rates while spinners of Sindh strengthened their long positions.

Downturn in general lint prices seen on back of grade issue

Related Keywords: anticipation of further decline in spot rate, back of grade issue, buyers made selective deals, Cotton market, export orders needs fine end-products, forward deals changed hands for second grade lint, immediate need, local output short, physical price remained under downward adjustment, textile sector to import more fine grades, trading session

During the trading session at cotton market, buyers were seen making selective deals according to their immediate need on back of grade issue and in anticipation of further decline in spot rate while physical price remained under downward adjustment besides forward deals changed hands for second grade lint, floor brokers said.

Fine grade lint remains in demand during trading session at cotton market

Related Keywords: buyers made deals for all grades, ginners of Punjab, ginners of Sindh offered low grade lint, KCA, offered cotton of all grades, Pakistan cotton market, slightly higher price, spot rate, textile sector, trading session

During the trading session on cotton market, buyers made deals for all grades on slightly higher price at around Rs 5,000 per maund to Rs5,650 per maund and around 300 bales changed hands, said floor brokers.

The ginners of Punjab offered cotton of all grades to the buyers around Rs 5,000 per maund to Rs 5,150 per maund while ginners of Sindh offered low-grade lint to the buyers around Rs 4,975 per maund.

Price remain firm at cotton market

Related Keywords: Cotton market, grade conscious buyers, Karachi Cotton Association, made deals on slightly higher prices, prices remained firm, textile sector is facing dearth of fine grades., to capitalise maximum returns, Traders offered all grades of lint, trading session

During the trading session at the cotton market prices remained firm while grade-conscious buyers made deals on slightly higher price, according to traders at the Karachi Cotton Association (KCA) on Monday.

Floor brokers said that mills in Sindh and Punjab stations bought all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,275 per maund in order to capitalize maximum returns on their proceeds.

Cotton market witnessed demand of fine grade lint

Related Keywords: buyers and sellers, buyers purchased, Cotton market, entangled in price war on second grade stuff, fine grade lint, ginning unit, KCA, making eals for fresh fine lots, slightly higher price, spinner and miller, spot rate remained firm, textile sector, three hundred bales changed hands, trading session

During the trading session at cotton market, buyers purchased fine grade lint on slightly higher price at around Rs5,000 per maund to Rs5,525 per maud. Around 300 bales changed hands, said floork brokers.

The Karachi Cotton Association (KCA) spot rate remained firm at Rs 5,650 per maund.

According to a senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff and buyers bought grade at around Rs 5,375 per maund to cater their immediate need.

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