LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday increased the spot rate by Rs 100 per maund and closed it at Rs 15,300 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained satisfactory.
He also told that the rate of new cotton in Sindh is in between Rs 14,700 to Rs 16,000 per maund and the rate of cotton in Punjab is in between Rs 15,200 to Rs 16,000 per maund.
The rate of Phutti in Punjab is in between Rs 6,000 to Rs 7,800 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,000 to Rs 7,300 per 40 kg. The rate of cotton in Balochistan is in between Rs 15,300 to Rs 16,200 per maund. The rate of Phutti is in between Rs 7,800 to Rs 9,200 per maund. The rate of Balochi cotton is in between Rs 15,800 to Rs 16,200 per maund. The rate of Phutti is in between Rs 7,000 to Rs 8,500 per 40 kg. The rate of Primark cotton is in between Rs 16,700 to Rs 16,900 per maund.
200 bales of Sanghar, 1000 bales of Shahdad Pur were sold at Rs 15,450 per maund, 1200 bales of Saleh Pat were sold in between Rs 15,000 to Rs 15,200 per maund, 1000 bales of Dharki, 400 bales of Mir Pur Mathelo were sold at Rs 15,650 per maund, 1000 bales of Khan Pur, 1000 bales of Sadiqabad were sold at Rs 16,000 per maund, 600 bales of Marrot were sold at Rs 15,200 per maund, 2400 bales of Fort Abbas were sold in between Rs 15,000 to Rs 15,200 per maund and 200 bales of Mian Channu were sold at Rs 14,700 per maund.
The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 100 per maund and closed it at Rs 15,300 per maund, Polyester Fiber was available at Rs 325 per kg.
Copyright Business Recorder, 2025
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