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Falling trend in cotton prices is inducing Pakistani exporters and mills buying

Related Keywords: Active buying by mills and exporters, China, cotton prices, Indian cotton, Pakistan cotton market, waning demand

Active buying by mills and exporters was witnessed on the Pakistan cotton market as prices moved warily on Tuesday. The official spot rate remained unchanged at Rs 5,200, dealers said. In the ready session, around, 20,000 bales of cotton changed hands between Rs 5200 and Rs 5300. In Sindh, rates were lower by Rs 100 to Rs 2000 and Rs 2025, while in Punjab prices were at Rs 2300 and Rs 2600.

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