Cotton prices rebound on strong demand Prices maintained upward journey on the cotton market on Friday in the process of moderate trading, dealers said. The official spot rate extended overnight gains, picking up Rs 200 to Rs 9200, they added. Prices of seed cotton in Sindh went up sharply picking up around Rs 400 to Rs 4400-4500 and in the Punjab, rates rose by Rs 200 to Rs 3800 and Rs 4400, they said. In Balochistan, prices of seed cotton also gained Rs 100 to Rs 4200-4300, they said. In ready session, over 4,000 bales of cotton finalised within the range of Rs 9175-9400, they said. According to the market sources, non-availability of irrigation water in Lower Sindh, causing sharp rise in the rates. They also said that during hot weather, the growers were busy in sowing and hoping for better result. Reports showing that cotton flowers are blooming properly, while the bolls are not opening fully, signs that the plants have no...