LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Monday fixed the spot rate of the new season 2026- 2027 at Rs 21,500 per maund.
The cotton market witnessed a mixed trend in the prices of new crop cotton as reduced supply of raw cotton constrained trading activity. New York cotton futures also recorded a decline during the period under review.
On the domestic front, cotton cultivation in Pakistan has reached a historically low level, raising serious concerns among textile mills across the country. The All Pakistan Textile Mills Association (APTMA) has expressed particular alarm over the shrinking area under cotton cultivation in Punjab, warning that the declining acreage poses a significant threat to the textile supply chain.
Despite these challenges, Pakistan’s textile exports registered a notable growth of 10.43 percent, reflecting resilience in the sector even as raw material availability remains a pressing concern.
Cotton Expert Naseem Usman told Daily Business Recorder that on the policy front, a comprehensive roadmap for the revival of cotton cultivation has been prepared by the relevant authorities.
As part of this initiative, discriminatory taxes on the cotton sector have been abolished, and renewed attention is being directed toward improving seed quality to boost yields and restore the crop to its former prominence in Pakistan’s agricultural landscape.
Copyright Business Recorder, 2026
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