Related Keywords: Cotton market, Karachi Cotton Association, Karachi cotton exchange, keeping prices firm at overnight level, revival in buying interest, Some spinners made big lot deals, spinners moving to replenish their stocks, spot rates firm, steady flow of buying orders, trading activity remain slow, world cotton production to rise
With some spinners moving to replenish their stocks, cotton market on Tuesday saw revival in buying interest. Some spinners also made big-lot deals with steady flow of buying orders keeping prices firm at overnight level.
Brokers said that the rising trend in world cotton prices could have induced some spinners to build up stocks at current rates.
