KARACHI: Leading buyers remained selective in the lint market and made deals on grade issue while also making forward deals on sellers’ asking price, fibre traders at Karachi Cotton Association (KCA) reported. However, the buyers bought all grades during the trading session at all stations of Sindh and Punjab, while the KCA kept the spot rate unchanged at Rs 6,800 per maund. The buyers in Punjab and Sindh stations purchased all grades on competitive prices while the slow arrival of cottonseed put production of quality grades slower at ginneries. Buyers made deals in second grade stuff for immediate use at around Rs 6,575 per maund to Rs 6,675 per maund. Sellers withholding better grades of lint remained in the driving seat due to the paucity of lint while the KCA took steps to provide maximum benefit to weaker stakeholders so they could capitalise on their product. The majority of buyers remained quality conscious, however deals changed hands for all grades on competitive prices in Sindh and Punjab stations at around Rs 6,725 per maund to Rs 6,800 per maund. The production of lint in the ginneries of Sindh and Punjab remained moderate at around 2,700 bales, floor brokers added. Leading buyers were still eyeing fine grades, while making deals for all grades on competitive prices, according to fibre analyst Shakeel Ahmad. Secondary buyers made deals for second grades for blending purposes at around Rs 6,575 per maund while the raw grade stuff was available at around Rs 5,975 – depending on trash level. More than 360 bales changed hands with more than 65 percent of Punjab’s share in trading. New York May 2017 Futures remained under correction and stood at around 75 cents per pound, July 2017 Futures at 75.51 cents per pound and Cotlook A Index was hovering at around 85 cents per pound.