Related Keywords: exporters took part, improvement in phutti supply, official spot rate sustained, Pakistan cotton cotton, slip in rates, spinners and mills, trading activity improved, trying to lay hands
The Pakistan cotton market on Monday after an improvement in phutti supply, trading activity improved as exporters also took part due to slip in rates. Dealers said that the official spot rate sustained overnight level at Rs 4,550. While, cotton prices in Sindh were lower by Rs 50 to Rs 2300 and Rs 2400 and in Punjab rates at Rs 2200 and Rs 2400.
In the ready business, over 16,000 bales of cotton changed hands between Rs 4600 and Rs 4700, dealers said.
