LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Thursday decreased the spot rate by Rs 1,00 per maund and closed it at Rs 18,400 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 Rs18,100 to Rs 18,200 per maund, while Phutti in the province is trading between Rs 8,600 to Rs 8,800 per 40 kilograms.
In Punjab, cotton rates stand between Rs18,400 to Rs 18,700 per maund, with Phutti fetching between Rs 8,600to Rs 9,200 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 18,000 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