LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday reduced the spot rate by Rs 100 per maund and closed it at Rs 16,100 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market on remained steady and the trading volume remained satisfactory.
He also told that the rate of new cotton in Sindh is in between Rs 15,750 to Rs 16,100 per maund and the rate of cotton in Punjab is in between Rs 16,300 to Rs 16,600 per maund.
The rate of Phutti in Punjab is in between Rs 6,500 to Rs 7,200 per 40 kg and the rate of Phutti in Sindh is in between Rs 5,500 to Rs 6,800 per 40 kg. The rate of cotton in Balochistan is in between Rs 15,800 to Rs 15,900 per maund. The rate of Phutti in Balochistan is in between Rs 6,800 to Rs 7,000 per maund.
1000 bales of Tando Adam, 800 bales of Sanghar were sold in between Rs 16,200 to Rs 16,400 per maund, 200 bales of Layyah were sold at Rs 16,200 per maund, 200 bales of Vehari were sold at Rs 16,225 per maund, 200 bales of Khanewal, 200 bales of Kassowal were sold at Rs 16,200 per maund and 200 bales Winder were sold at Rs 16,250 per maund.
The Spot Rate Committee of the Karachi Cotton Association reduced the spot rate by Rs 100 per maund and closed it at Rs 16,100 per maund. Polyester Fiber was available at Rs 330 per kg.
Copyright Business Recorder, 2025
Comments
Comments are closed for this article.