Markets Print edition: 2023-01-31

Lean business on cotton market

Published January 31, 2023 Updated January 31, 2023 06:01am

LAHORE: The local cotton market on Monday remained firm and the trading volume remained low. Cotton Analyst Naseem Usman told Business Recorder that the rate of cotton in Sindh is in between Rs 19,000 to Rs 21,000 per maund.

The rate of cotton in Punjab is in between Rs 19,000 to Rs 21,000 per maund. The rate of Phutti in Sindh is between Rs 6,000 to Rs 8,500 per 40 kg. The rate of Phutti in Punjab is in between Rs 7,500 to Rs 10,200 per 40 kg.

The Spot Rate remained unchanged at Rs 20,500 per maund. The rate of Polyester Fiber was increased by Rs 7 and was available at Rs 330 per kg.

Copyright Business Recorder, 2023