LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday increased the spot rate by Rs 100 per maund and closed it at Rs 15,500 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained limited.
He also told that the rate of new cotton in Sindh is in between Rs 14,200 to Rs 16,000 per maund and the rate of cotton in Punjab is in between Rs 15,400 to Rs 16,000 per maund.
The rate of Phutti in Punjab is in between Rs 6,500 to Rs 7,500 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,000 to Rs 7,500 per 40 kg. The rate of cotton in Balochistan is in between Rs 15,400 to Rs 16,000 per maund. The rate of Phutti is in between Rs 7,700 to Rs 7,800 per 40 kg. The rate of Balochi cotton is in between Rs 15,800 to Rs 16,000 per maund. The rate of Phutti is in between Rs 7,000 to Rs 8,500 per 40 kg. The rate of Primark cotton is in between Rs 16,800 to Rs 17,000 per maund.
1600 bales of Dherki were sold in between Rs 15,800 to Rs 16,000 per maund, 400 bales of Ghotki were sold at Rs 16,000 per maund, 400 bales of Mando Dairo, 400 bales of Mehrab Pur were sold at Rs 15,650 per maund, 600 bales of Nawab Shah were sold at Rs 14,200 to Rs 14,400 per maund, 2600 bales of Khan Pur, 1200 bales of Rahim Yar Khan, 600 bales of Sadiqabad were sold at Rs 16,000 per maund, 400 bales of Mian Wali were sold at Rs 15,400 per maund and 200 bales of Gojra were sold at Rs 15,200 per maund.
The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 100 per maund and closed it at Rs 15,500 per maund.
Polyester Fiber was available at Rs 325 per Kg.
Copyright Business Recorder, 2025
Comments
Comments are closed for this article.