LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Monday decreased the spot rate by Rs 100 per maund and closed it at Rs 15,100 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained low.
He also told that that the rate of new cotton in Sindh is in between Rs 14,800 to Rs 15,750 per maund and the rate of cotton in Punjab is in between Rs 14,800 to Rs 15,500 per maund.
The rate of Phutti in Punjab is in between Rs 6,600 to Rs 8,200 per 40 kg and the rate of Phutti in Sindh is in between Rs 7,600 to Rs 9,300 per 40 kg. The rate of cotton in Balochistan is in between Rs 15,100 to Rs 16,000 per maund. The rate of Phutti is in between Rs 7,000 to Rs 8,500 per maund. The rate of Balochi cotton is in between Rs 16,000 to Rs 16,100 per maund. The rate of Phutti is in between Rs 7,000 to Rs 8,500 per 40 kg.
Around, 600 bales of Sanghar were sold in between Rs 14,750 to Rs 14,800 per maund, 400 bales of Yazman Mandi, 200 bales of Ahmed Pur were sold at Rs 15,050 per maund, 400 bales of Fort Abbas were sold in between Rs 15,150 to Rs 15,200 per maund and 200 bales of Mian Wali were sold at Rs 15,200 per maund.
The Spot Rate Committee of the Karachi Cotton Association decreased the spot rate by Rs 100 per maund and closed it at Rs 15,100 per maund. Polyester Fiber was available at Rs 325 per kg.
Copyright Business Recorder, 2025
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