Related Keywords: Cotton market, ease in rates witnessed, falling trend in rates in the coming days, Improvement in arrivals of seed cotton, official spot rate remained lower, Punjab rates of Phutti slipped, seed cotton prices in Sindh came under pressure
After improvement in arrivals of seed cotton, ease in rates was witnessed at cotton market on Wednesday while the official spot rate remained lower by Rs 100 to Rs 6,550, dealers said.
In Sindh, seed cotton prices also came under pressure at Rs 3200-3450 and in Punjab rates of Phutti, also slipped at Rs 2800-3300, as per 40 kg.
In ready business, around 18000 bales of cotton changed hands between Rs 6600 and Rs 6925, dealer said.
