LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Monday decreased the spot rate by Rs 200 per maund, closing it at Rs 20,800 per maund; as bearish market sentiment gripped the cotton sector.
Cotton Analyst Naseem Usman told Business Recorder that cotton prices in Sindh currently range between Rs 21,000 and Rs 21,300 per maund, while Phutti in the province is trading between Rs 9,500 to Rs 10,500 per 40 kilograms. In Punjab, cotton rates stand between Rs22,300 and Rs22,500 per maund, with Phutti fetching between Rs10,500 to Rs11,000 per 40 kilograms.
On the trading activity front, 800 bales of Sanghar were sold in between Rs 20,500 to Rs 20,800 per maund, 600 bales of Shahdad Pur were sold in between Rs 20,700 to Rs 20,800 per maund, 1000 bales of Tando Adam were sold at Rs 20,600 per maund and 100 bales of Khanewal were sold at Rs 20,800 per maund.
Copyright Business Recorder, 2026