LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday increased the spot rate by Rs 1,00 per maund and closed it at Rs 19,400 per maund.
Cotton Analyst told Business Recorder that the local cotton market remained tight and the market and the trading volume remained a little bit low.
He also told that the rate of cotton in Sindh is in between Rs 19,500 to Rs 19,600 per maund, while Phutti in the province is trading between Rs 8,800 to Rs 9,500 per 40 kilograms.
In Punjab, cotton rates stand between Rs 19,500 to Rs 19,600 per maund, with Phutti fetching between Rs 9,000 to Rs 9,800 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 19,500 to Rs 19,600 per maund. The rate of Phutti is in between Rs 8,900 to Rs 9,500 per 40 kg.
Copyright Business Recorder, 2026