LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Saturday decreased the spot rate by Rs 3,00 per maund and closed it at Rs 18,400 per maund.
Cotton Analyst told Business Recorder that the local cotton market remained bearish and trading volume remained a little bit low.
He also told that the rate of cotton in Sindh is in between Rs 18,100 to Rs 18,400 per maund, while Phutti in the province is trading between Rs 8,300 to Rs 8,800 per 40 kilograms.
In Punjab, cotton rates stand between Rs 19,500 to Rs 19,700 per maund, with Phutti fetching between Rs 8,500 to Rs 8,800 per 40 kilograms.
The rate of cotton in Balochistan is in between Rs 18,400 to Rs 18,800 per maund. The rate of Phutti is in between Rs 8,400 to Rs 8,800 per 40 kg.
The rate of Polyester Fiber is Rs 445 per Kg.
Copyright Business Recorder, 2026