14,800 cotton bales changed hand at spot rate of Rs4,800-5,100 amid dressed trading
14,800 cotton bales changed hand at spot rate of Rs4,800-5,100 amid dressed trading
KARACHI: Falling world crude prices coupled with demand for lint in the world markets and rising political uncertainty in the country kept the trading at cotton market slowed and depressed while the Karachi Cotton Association (KCA) spot rates remained were steady at previous level.
As per market reports, though the Trading Corporation of Pakistan has signed accords with ginners for the purchase…
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