Saturday, 31 December 2011
RECORDER REPORT
Shortage of cotton in the international market due to several factors and owing to long-weekend ahead of Muharram holidays strengthened the local prices on the cotton market on Friday, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 5,400, they said. Prices of seed-cotton in Sindh were at Rs 1,800-2,300 and in Punjab rates were at Rs 2,000-2,600, they said.
8.41
