LAHORE: The local cotton market on Wednesday remained bearish and the trading volume remained low.
Cotton analyst Naseem Usman told Business Recorder that the rate of cotton in Sindh as per quality is in between Rs 16,700 and Rs 17,800 per maund, while rates in Punjab are in between Rs 17,000 and Rs 17,800 per maund.
The Spot Rate remained unchanged at Rs 17,500 per maund. Meanwhile, polyester fiber prices were reported at Rs 351 per kilogram.
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