Cotton market: Tight local supply position continue to dedicate market conditions

Karachi, March 21, 2013 (PPI-OT): The tight local supply position has continued to dedicate market conditions. Holders of current crop remnants remain hopeful that prices will continue to advance during the remainder of the season. Some mills have concluded business at higher prices.

The price range today for premium qualities was given as Rs. 6,800/7,100 per maund (84.00/88.00 US cents per lb) – Rs. 100 (one cent) more than yesterday.

For more information, Contact:
Mohammad Shoaib
Cotton World Services
Email ID: mshoaib@cottonworldservices.com
Contact: 03002997979 / 03139202169 / 03002045514
Web: http://cottonworldservices.com/

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