Related Keywords: causing fresh fall in the rates of cotton, Cotton market, down by Rs hundred, exports of textile products on decline, higher production in the cotton producing countries, Mills made fresh deals on declining rates, official spot rate declined, process of improved business activity, textile industry is in losses
In the process of improved business activity at the cotton market, official spot rate declined further on Wednesday. The official spot rate was down by Rs 100 to Rs 5950, dealers said. Mills made fresh deals on declining rates.
Prices of seed cotton in Sind and Punjab were at Rs 2500-3000, while in ready business, nearly 30,000 bales of cotton changed hands between Rs 5800-6200.
