Firm trend amid sizeable activity
Prices were firm on the cotton market on Thursday amid persistent demand by mills and spinners, dealers said. The official spot rate was unchanged at Rs 6,600, they said. Prices of seed cotton per 40 kg in Sindh were down by Rs 300 to Rs 2400-3800, while in Punjab at Rs 2600-2900, they said. In the ready session, around 13,000 bales of cotton changed hands between Rs 6675-6750, they said.