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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.

Related Keywords: anticipated short supply of better grades, demand for better lint grades, KCE, kept trading firm, leading buyers fortified their long positions, Lint market, making deals for better grades of cotton, Spinners, spot rate remained firm, upcoming trading sessions

At lint market, demand for better lint grades kept trading firm. Leading buyers fortified their long positions by making deals for better grades of cotton at Rs 6,700-Rs 6,750 per maund, on the back of anticipated short supply of better grades during upcoming trading sessions.

Demand for better grades of lint would keep quality conscious buyers make forward deals for a month’s delivery period in coming days.