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LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Wednesday increased the Spot rate by Rs 200 per maund and closed it at Rs 18,200 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained tight and the trading volume remained satisfactory.
He also told Business Recorder that the rate of cotton in Sindh is in between Rs 18,100 to Rs 18,200 per maund, while Phutti in the province is trading between Rs 8,500 to Rs 8,800 per 40 kilograms. In Punjab, cotton rates stand between Rs 18,500 to Rs 18,700 per maund, with Phutti fetching between Rs 8,700 to Rs 9,300 per 40 kilograms.
Copyright Business Recorder, 2026