LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Wednesday decreased the spot rate by Rs 300 and closed it at Rs 18,000 per maund.
Speaking to Business Recorder, Cotton analyst Naseem Usman told Business Recorder that market remained easy and the panic selling was observed especially in Punjab under the influence of international market.
He also told that Rate of cotton in Sindh is in between Rs17,500 to Rs 18,000
per maund, while Phutti in the province is trading between Rs8,000 to Rs 8,300 per 40 kilograms. In Punjab, cotton rates stand between Rs18,000 to Rs 18,200 per maund, with Phutti fetching between Rs 8,300 to Rs 8,800 per 40 kilograms.
Naseem Usman also told that 4000 bales of Tando Adam, 2400 bales of Sanghar, 1400 bales of Shahdad Pur were sold in between Rs 17,500 to Rs 18,000 per maund, 400 bales of Khadro were sold at Rs 17,700 to Rs 18,000 per maund, 400 bales of Nauabad were sold at Rs 17,700 per maund, 400 bales of Hyderabad, 200 bales of Kotri were sold at Rs 17,500 per maund, 1800 bales of Khanewal, 400 bales of Burewala were sold in between Rs 18,000 to Rs 18,200 per maund, 400 bales of Hasil Pur, 400 bales of Chichawatni and 400 bales of Vehari were sold at Rs 18,000 per maund.
Copyright Business Recorder, 2026