LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Monday increased the Spot rate by Rs 300 per maund and closed it at Rs 18,500 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained tight and the trading volume remained low.
He also told Business Recorder that the rate of cotton in Sindh is in between Rs 18,300 to Rs 18,400 per maund, while Phutti in the province is trading between Rs 8,000 to Rs 8,400 per 40 kilograms.
In Punjab, cotton rates stand between Rs 18,900 to Rs 19,000 per maund, with Phutti fetching between Rs 8,500 to Rs 9,000 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 18,300 to Rs 18,400 per maund. The rate of Phutti is in between Rs 8,400 to Rs 9,200 per 40 kg.
Copyright Business Recorder, 2026