LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Wednesday increased the Spot rate by Rs 200 per maund and closed it at Rs 17,800 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained tight and the trading volume remained satisfactory.
He also told that the rate of cotton in Sindh is in between Rs 17,800 to Rs 18,000 per maund, while Phutti in the province is trading between Rs 8,500 to Rs 8,800 per 40 kilograms. In Punjab, cotton rates stand between Rs 18,200 to Rs 18,300 per maund, with Phutti fetching between Rs 7,700 to Rs 9,000 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 17,700 to Rs 18,000 per maund while the rate of Phutti is in between Rs 8,800 to Rs 9,200 per maund.
2000 bales of Tando Adam were sold in between Rs 17,500 to Rs 17,700 per maund, 18,00 bales of Sanghar, 1400 bales of Shahdad Pur were sold in between Rs 17,500 to Rs 17,700 per maund, 400 bales of Shah Pur Chakar were sold in between Rs 17,600 to Rs 17,700 per maund, 200 bales of Kotri were sold at Rs 17,600 per maund, 200 bales of Jam Sahib were sold at Rs 17, 500 per maund, 400 bales of Nawab Shah were sold at Rs 17,500 per maund, 1200 bales of Chichawatni were sold in between Rs 18,000 to Rs 18,200 per maund, 400 bales of Burewala were sold in between Rs 18,000 to Rs 18,200 per maund, 600 bales of Layyah were sold in between Rs 18,000 to Rs 18,100 per maund, 600 bales of Khanewal, 400 bales of Vehari, 200 bales of Rajan Pur were sold at Rs 18,000 per maund.
Copyright Business Recorder, 2026
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