20000225

Brisk trading on paper market

Recorder Report

Lahore: Brisk trading continued to prevail in the local paper market here on Thursday.

The market traders said that a number of paper mills which remained closed for some time resulted in reduction in the supply of paper in the market. On the contrary, rising demand pushed the paper's prices upward.

Because of recent price increase the customers were not placing their orders in bulk, but making transactions on short-term basis which resulted into above average sales.

However, the prices of papers remained unchanged for the day.

Following were Thursday's rates: