During the trading session at cotton market, sustained buying from leading spinners helped cotton prices inch up on Wednesday. Spinners and mills remained quality conscious and made deals on slightly higher prices during the session while leading ginners sensing future demand of quality lint offered thin volumes of better stocks on higher prices to the buyers.
Much of the trading activity remained centered around Punjab variety which is now available in larger quantity due to higher flow of p
Cotton prices dropped in the Brazilian market in the first fortnight of August. The average price during the first 15 days was 2.4379 BRL per pound, which was the lowest since January 2016 when price touched 2.5096 BRL per pound, Center for Advanced Studies on Applied Economics (Cepea) said in its fortnightly report for August 1-15, 2017.
In view of sharp price drops in international markets (ICE Futures and CotLookA) in the first fifteen days of the month, some sellers focused on the domesti
