The cotton market on Saturday remained easy where selling from ginners put more pressure on lint prices amid limited off-take from spinners and exporters.
The depressed demand for cotton in the domestic and the world markets is having negative impact on prices, brokers said.
They added that China, which had been a leading buyer of cotton in the world market, has stopped importing cotton since last year.
Reports that no major damage was done by floods to standing cotton crop in Punjab forced growers to dispose of their held stocks.
Lint prices of Sindh quality cotton dropped by between Rs250 and Rs300 per maund to Rs5,400 to Rs5500. Similarly, the Punjab quality lint after suffering losses is being quoted between Rs5,500 to Rs5,600 per maund.
