LAHORE: The local cotton market on Wednesday remained steady while the trading volume remained low. The Spot Rate remained unchanged.
Cotton Analyst Nasseem Usman while talking to Business Recorder said that price of Punjab’s Phutti attracted per 40 kilograms prices from Rs 7000 to Rs 9000. Cotton of Sindh was traded from Rs 18000 to Rs 20,000 per maund, Punjab’s cotton was traded from Rs 18000 to Rs 20,000 per maund.
He also told that 257 bales of Sadiqabad were sold at Rs 21000 per maund, 600 bales of Rahim Yar Khan were sold at Rs 21000 per maund and 600 bales of Khan Pur were sold at Rs 20,000 per maund.
The Spot Rate remained unchanged at Rs 20,000 per maund. Polyester Fiber was available at Rs 268 per kg.
Copyright Business Recorder, 2022
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