At the cotton market in the backdrop of fast dwindling stocks of quality lint amid rising demand, cotton prices scales to season’s new peak of Rs7,800 per maund on Friday. On the other end, ginners were holding back their stocks anticipating further rise in prices due to which trading activity remained moderate.
However, a big deal of 10,300 bales from Khanpur was finalised between a ginner and spinner at season’s high Rs7,800 per maund late in the evening. Another deal of 400 bales from Dher