LAHORE: The Karachi Cotton Association (KCA) has resumed publication of its Daily Cotton Spot Rate for the first time in nearly six months, ending a prolonged disruption that had paralysed pledging operations across Pakistan’s cotton and textile sectors.
KCA Chairman and Karachi Cotton Brokers Forum head Naseem Usman confirmed on Saturday that the association began reissuing the Daily Cotton Spot Rate on June 6, 2026, following a suspension that dated back to December 12, 2025, when the Evacuee Trust Property Board, acting in coordination with the Federal Investigation Agency, allegedly seized control of the Karachi Cotton Exchange Building.
The spot rate for the upcoming 2026–27 crop season will follow on Monday, June 8.
On the supply side, early signs of the new season are beginning to emerge. More than 15 ginning factories across Sindh and Punjab have partially reopened since Eid ul-Azha, accepting seed cotton at their gates and commencing limited ginning activity. These factories have already sold around 30,000 bales on various forward delivery dates at prices ranging from Rs. 20,500 to Rs. 22,500 per maund. The rate of Phutti per 40 kg is in between Rs. 10,500 and Rs. 11,500 per 40 kilograms.
Copyright Business Recorder, 2026
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