KARACHI: The cotton price stayed stable during the trading session at Punjab and Sindh stations, said traders at Karachi cotton market. Around 600 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,750 per maund with better lint remained in focus, fibre traders said. Fibre traders said the leading buyers made deals for all qualities of lint being offered by the ginners during the trading session. A senior trader, Ghulam Rabbani said however, volumes remained thin with growing demand for better lint on slightly higher price by the textile export sector during the trading session. He said the spinning sector was eager for better quality of lint on back of growing demand of end product on the domestic front. Ginners withholding better grades of lint remained steadfast not to bow down before the buyers’ offers, as they were confident that the general price would go above spot rate. Shrinking better stocks forced buyers to pay premium price on deals and the domestic sellers have started demanding a bit higher prices. Millers bought around 500 bales of cotton in Punjab stations at around Rs 6,775 per maund, floor brokers said. There were signs that leading mills and spinners would likely to go for import of quality cotton in near future to meet demands on depleting domestic better grades. The ginners of Punjab offered quality cotton to the buyers above Rs 6,800 per maund while ginners of Sindh offered raw lint to the buyers around Rs 5,975 per maund, depending on the trash level. In the local market, little business has been noticed with around 200 bales of southern Punjab changed hands at Rs 6,650 per maund, about 100 bales of upper Sindh at Rs 6,575 per maund, 100 bales on ex-Karachi basis at Rs 6,470 per maund and 100 bales of upper Sindh were sold at Rs 6,275 per maund. New York May 2017 Futures stood at around 75 cents per pound, July 2017 at 76 cents per pound and Cotlook A Index was hovering around 85 cents per pound.