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Markets Print edition: 2026-10-24

Spot rate sheds Rs100 per maund

Published Updated

LAHORE: The local cotton market on Friday decreased the spot rate by Rs 1,00 per maund and closed it at Rs 18,000 per maund.

Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained easy and the trading volume remained satisfactory.

He also told that the rate of cotton in Sindh is in between Rs 16,500 to Rs 18,500 per maund, while Phutti in the province is trading between Rs 7,000 to Rs 9,000 per 40 kilograms. In Punjab, cotton rates stand between Rs 16,500 to Rs 18,500 per maund, with Phutti fetching between Rs 7,000 to Rs 9,000 per 40 kilograms.

The rate of cotton in Balochistan is in between Rs 17,600 to Rs 18,000 per maund. The rate of Phutti is Rs 7,800 to Rs 8,500 per 40 kg. The rate of Polyester Fiber is Rs 445 per kg.

Copyright Business Recorder, 2026