Physical prices remain firm on demand at cotton market

Related Keywords: buyers purchased better grades, cotton seed, demand of better, KCA, major stations of Punjab and Sindh, physical prices strong, second grade of cotton, slightly higher price, spot rate, Trading sessio

Karachi
Physical prices remain firm on demand at cotton market
Summary: 
During the trading session in major stations of Punjab and Sindh, the demand of better and second grade of cotton kept physical prices strong. Buyers purchased better grades of cotton at a slightly higher price at around Rs 7,550 per maund to Rs 7,625 per maund.

During the trading session in major stations of Punjab and Sindh, the demand of better and second grade of cotton kept physical prices strong. Buyers purchased better grades of cotton at a slightly higher price at around Rs 7,550 per maund to Rs 7,625 per maund.

Buyers bought the commodity at a premium price while ginners made deals for second grade of lint in anticipating paucity in the forthcoming trading sessions at the lint market.

The physical prices would likely remain firm on paucity of better grades arrival of phutti (cottonseed) in ginneries.

https://dailytimes.com.pk/179100/physical-prices-remain-firm-demand-trading-cotton-market/
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