LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday decreased the spot rate by Rs 2,00 per maund and closed it at Rs 18,600 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained satisfactory.
He also told that the rate of cotton in Sindh is in between Rs 18,600 to Rs 18,800 per maund, while Phutti in the province is trading between Rs 8,700 to Rs 8,800 per 40 kilograms.
In Punjab, cotton rates stand between Rs 18,800 to Rs 19,000 per maund, with Phutti fetching between Rs 8,800 to Rs 9,200 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 18,000 to Rs 18,900 per maund. The rate of Phutti is in between Rs 8,900 to Rs 9,400 per 40 kg.
Copyright Business Recorder, 2026
Comments