Cotton prices yesterday remained easy amid extremely slow trading against the backdrop of higher arrivals of phutti (seed cotton) and depressed prices in most markets world over.
The buyers took to the sidelines after knowing that phutti arrivals during the outgoing fortnight (Oct 15 to Nov 1) rose 10 per cent compared with same period a year ago.
This strongly indicated that current season would yield a bumper crop, brokers said.
Besides, increased flow of cotton yarn from across the border is keeping spinners concerned about their stocks, they added.
