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 18,500 per maund.
Cotton Analyst Naseem Usman told Business Recorder that the local market remained tight and the trading volume remained satisfactory.
He also told that the rate of cotton in Sindh is in between Rs 18,500 to Rs 18,700 per maund, while Phutti in the province is trading between Rs 7,800 to Rs 8,500 per 40 kilograms.
In Punjab, cotton rates stand between Rs 18,800 to Rs 19,000 per maund, with Phutti fetching between Rs 8,800 to Rs 9,400 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 18,600 to Rs 18,700 per maund. The rate of Phutti is in between Rs 8,800 to Rs 9,100 per 40 kg.
The rate of Balochi cotton is in between Rs 19, 800 per maund. The rate of Phutti is Rs 8,800.
Copyright Business Recorder, 2026