LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday decreased the spot rate by Rs 300 and closed it at Rs 18,300 per maund.
Speaking to Business Recorder, Cotton analyst Naseem Usman told Business Recorder that market remained easy and the panic selling was observed especially in Punjab under the influence of international market.
He also told that Rate of cotton in Sindh us in between Rs17,800 to Rs 18,000 per maund, while Phutti in the province is trading between Rs8,000 to Rs 8,500 per 40 kilograms. In Punjab, cotton rates stand between Rs18,000 to Rs 18,200 per maund, with Phutti fetching between Rs 8,600 to Rs 8,800 per 40 kilograms.
The rate of Banola also decreased by Rs 300 to Rs 400 per maund.
Naseem Usman also told that 400 bales of Tando Adam were sold at Rs 17,500 per maund on the condition of payment on July, 1, 2026. 1800 bales of Tando Adam, 800 bales of Shahdad Pur were sold in between Rs 18,000 to Rs 18,200 per maund, 1600 bales of Sanghar were sold in between Rs 18,000 to Rs 18,500 per maund, 400 bales of Mir Pur Khas were sold at Rs 18,000 per maund and 1200 bales of Vehari were sold in between Rs 18,300 to Rs 18,500 per maund.
Copyright Business Recorder, 2026
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