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Sizeable quantity of Sindh lint traded on
cotton market
KARACHI (March 30 2004): A respectable quantity of
upper Sindh lint was traded on cotton market on
Monday which manifests that trading is likely to
sustain, relevant sources said.
The spot rate was unchanged at the overnight level
of Rs 2950 without ST and upcountry expenses.
In ready, brokers said, around 8000 bales of Sindh
cotton changed hands at prices between Rs 2550 and
Rs 3000.
New York cotton futures rates were not received.
Sources said that more deals were likely to be
known late in the night. Meanwhile 8000 bales of
upper Sindh cotton were sold on Monday until usual
trading hours.
Consolidated deals around 8000 bales were passed
on from upper Sindh at Rs 2550 and Rs 3000.
Courtesy Business Recorder |
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Pakissan.com; Advisory Point
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