Related Keywords: Cotton market, Karachi Cotton Association, lint prices generally remained steady, no apparent reason, replenish their stocks, small spinners also actively participated, spot rates unchanged, two leading spinners moved into the trading ring, witnessed sudden revival of buying interest
Cotton market witnessed sudden revival of buying interest on Wednesday, there was no apparent reason for it, except that two leading spinners moved into the trading ring to replenish their stocks, brokers said. The lint prices generally remained steady.
Many small spinners also actively participated in the proceedings and were eager to book maximum quantity of cotton, but most of them returned disappointed due to short supply.
