By admin       2016-07-13

ICE cotton futures jumped nearly 3 percent on Monday, touching the highest level in more than a year on technical buying after prices of the fibre broke through the key 63.50 to 66.50 cents range, amid concerns over hot and dry weather conditions across production regions.The following deals were reported: 200 bales from Golarchi at Rs 5900, 400 bales from Hala at Rs 5900, 1000 bales from Tando Adam at Rs 5900/5950, 2200 bales from Shahdadpur at Rs 5900/5950, 500 bales from Tando Muhammad Khan at Rs 5900/5950, 600 bales from Mirpurkhas at Rs 5900/5950, 1200 bales from Hyderabad at Rs 5900/5950, 2200 bales from Sanghar at Rs 5900/5950, 300 bales from Samundri at Rs 6050, 100 bales from Chichawatni at Rs 6050, 400 bales from Gojra at Rs 6050, dealers said.

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