Prices unchanged on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained low.

Cotton Analyst Naseem Usman told Business Recorder that the rate of cotton in Sindh is in between Rs 16,800 to Rs 18,300 per maund. The rate of Phutti in Sindh is in between Rs 7,400 to Rs 8,600 per 40 kg.

The rate of cotton in Punjab is in between Rs 17,600 to Rs 18,300 per maund. The rate of Phutti in Punjab is in between Rs 7,500 to Rs 9,000 per 40 kg.

The rate of cotton in Balochistan is in between Rs 17,300 to Rs 18,200 per maund. The rate of Phutti in Balochistan is in between Rs 7,500 to Rs 9,000 per 40 kg. The rate of Balochi Cotton is in between Rs 18,500 to Rs 18,800 per maund. The rate of Primark cotton is in between Rs 19,000 to Rs 19,900 per maund.

Around, 800 bales of Khair Pur were sold in between Rs 17,400 to Rs 17,500 per maund, 200 bales of Khanewal were sold at Rs 17,800 per maund, 400 bales of Vehari were sold at Rs 18,100 per maund, 200 bales of Layyah were sold at Rs 17,900 per maund, 1600 bales of Yazman Mandi were sold at Rs 18,000 per maund, 1000 bales of Haroonabad, 2000 bales of Mianwali were sold at Rs 18,000 per maund and 400 bales of Sadiqabad and 800 bales of Rahim Yar Khan were sold at Rs 18,200 per maund.

The Spot Rate remained unchanged at Rs 18,000 per maund. Polyester Fiber was available at Rs 357 per kg.

Copyright Business Recorder, 2024