Saturday, 23 April 2011
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Grade concerns take lint prices downward at cotton market
KARACHI: Cotton prices continued to witness a downward revision on the back of low-grade stocks with growing demand for fine lint on a week on week basis, traders at Karachi Cotton Association (KCA) said Saturday. The spot rate remained stable at Rs 10,500 per maund with higher physical concern price around 11,500 per maund during trading sessions past week while Punjab remained volume leader,
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