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