During the trading session at Pakistan cotton market, prices remained stable. Buyers made deals for all qualities offered by the ginners. Deals changed hands at around Rs 6,025 per maund to Rs 7,325 per maund. Domestic buyers were buying better grades on a bit higher price as they bought around 200 bales at Rs 7,250 per maund.
Spinners and mills remained quality conscious and made selective deals on slightly higher prices during the session while the leading sellers sensing future demand of q
Movement in international benchmark prices was mixed over the past month, with NY futures and the A Index increasing, South Asian prices flat to lower, and Chinese prices stable. Indian spot prices (Shankar-6 quality) were flat to higher, holding to levels near Rs 40,000/candy (356 kg) throughout most of February and rose to Rs 41,000/candy in early March.
Prices for the May NY futures contract have trended higher since late February. In the first full week of March, there was a surge that br
