LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 100 per maund and closed it at Rs 15,400 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained limited.
He also told that the rate of new cotton in Sindh is in between Rs 14,500 to Rs 16,000 per maund and the rate of cotton in Punjab is in between Rs 13,500 to Rs 16,000 per maund.
The rate of Phutti in Punjab is in between Rs 6,000 to Rs 8.000 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,000 to Rs 7,500 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 8,400 per 40 kg. The rate of Balochi cotton is in between Rs 15,800 to Rs 16,000 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.
1000 bales of Dherki were sold in between Rs 15,650 to Rs 15,700 per maund, 400 bales of Ghotki, 400 bales of Mir Pur Mathelo, 200 bales of Mando Dero were sold at Rs 15,650 per maund, 1800 bales of Saleh Pat were sold in between Rs 15,350 to Rs 15,500 per maund, 1800 bales of Rahim Yar Khan were sold at Rs 15,600 per maund, 600 bales of Haroonabad were sold at Rs 13,800 per maund and 400 bales of Hasil Pur were sold at Rs 13,400 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 15,400 per maund. Polyester Fiber was available at Rs 325 per Kg.
Copyright Business Recorder, 2025
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