LAHORE: The local cotton market on Wednesday decreased the spot rate by Rs 2,00 per maund and closed at Rs 18,300 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained satisfactory.
He also told that the rate of cotton in Sindh is in between Rs 18,100 to Rs 18,300 per maund, while Phutti in the province is trading between Rs 8,200 to Rs 8,700 per 40 kilograms.
In Punjab, cotton rates stand between Rs 18,800 to Rs 19,000 per maund, with Phutti fetching between Rs 8,400 to Rs 9,100 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