LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory.
Cotton Analyst Naseem Usman told Business Recorder that the rate of new cotton in Sindh is in between Rs 16,500 to Rs 16,700 per maund and the rate of cotton in Punjab is in between Rs 17,000 to Rs 17,200 per maund.
The rate of Phutti in Punjab is in between Rs 8,000 to Rs 8,8800 per 40 kg and the rate of Phutti in Sindh is in between Rs 7,800 to Rs 8,500 per 40 kg.
Approximately, 2200 bales of Tando Adam were sold in between Rs 16,300 to Rs 16,700 per maund, 1000 bales of Hyderabad were sold in between Rs 16,300 to Rs 16,550 per maund, 1200 bales of Shahdad Pur were sold in between Rs 16,400 to Rs 16,500 per maund, 600 bales of Sanghar were sold at Rs 16,500 per maund, 600 bales of Vehari were sold in between Rs 16,700 to Rs 16,900 per maund, 200 bales of Jahania were sold at Rs 16,400 per maund, 200 bales of Hasil Pur, 200 bales of Khanewal were sold at Rs 17,000 per maund, 800 bales of Chichawatni were sold in between Rs 16,900 to Rs 17,200 per maund.
The Spot Rate remained unchanged at Rs 16,500 per maund. Polyester Fiber was available at Rs 333 per kg.
Copyright Business Recorder, 2025
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