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Focus on better grades keeps lint trading selective

Related Keywords: during trading, Forward trading for a period of a month took place, Grade issue forced leading buyers, KCA kept the spot rate intact, made deals for better grades on competitive prices, make cautious deals, market sentiment remained firm, Mills and spinners in Sindh and Punjab stations

Grade issue forced leading buyers to make cautious deals during trading while the market sentiment remained firm, floor brokers shared. Forward trading for a period of a month also took place.

According to traders at the Karachi Cotton Association (KCA). KCA kept the spot rate intact at Rs 6,650 per maund in order to provide support to weak stakeholders of raw grade to ward off the minimal price level.

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