Tuesday, 15 February 2011
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Spot rate remains firm at cotton market
KARACHI: Trading remained brisk at the Karachi cotton market amid firm spot rate and strong physical prices, traders at Karachi Cotton Association (KCA) said Friday. The KCA kept the spot rate unchanged at Rs 11,500 per maund while physical prices crossed Rs 13,500 per maund on growing demand, floor brokers said. The leading mills in Punjab purchased lint of all grades on competitive prices
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