LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Saturday increased the spot rate by Rs 3,00 per maund and closed it at Rs 19,300 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 19,200 to Rs 19,400 per maund, while Phutti in the province is trading between Rs 8,600 to Rs 9,200 per 40 kilograms.
In Punjab, cotton rates stand between Rs 19,200 to Rs 19,300 per maund, with Phutti fetching between Rs 8,200 to Rs 9,400 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 19,300 to Rs 19,400 per maund. The rate of Phutti is in between Rs 8,800 to Rs 9,600 per 40 kg.
Copyright Business Recorder, 2026