Markets Print edition: 2024-05-18

Cotton market remains bearish

LAHORE: The local cotton market remained bearish on Friday and trading volume remained low. Cotton Analyst Naseem...

Published May 18, 2024 Updated May 18, 2024 05:45am

1 min

Comments

By Recorder Report

Add BRecorder as a trusted
source on Google

LAHORE: The local cotton market remained bearish on Friday and trading volume remained low.

Cotton Analyst Naseem Usman said cotton prices in Sindh and Punjab ranged from Rs19,500 to Rs21,500 per maund, while Phutti prices in Punjab were between Rs9,500 and Rs10,000 per 40kg.

The Spot Rate remained unchanged at Rs19,700 per maund, and Polyester Fiber was available at Rs367 per kg.

Read Comments