*Trading volume remains low on cotton market*
*The Spot Rate remained unchanged on Monday. The market remained stable and the trading volume remained low.*
*Cotton analyst Naseem Usman while talking to Business Recorder told that price of Phutti of Sindh was traded from Rs 4500-7600 per 40 kilograms; Punjab’s Phutti attracted per 40 kilograms prices from Rs 6000 to Rs 7800. The Prime Quality Cotton was available at Rs 17500 per maund.*
*Similarly, Phutti from Balochistan was traded at Rs 6500 per 40 kilograms to Rs 8200 per 40 kilograms.*
*Cotton of Sindh was traded from Rs 13,500 to Rs 17000 per maund, Punjab’s cotton was traded from Rs 14,500 to Rs 17000 per maund and Balochistan’s cotton prices remained from Rs 16,000 per maund to Rs 16,500 per maund.*
*While Banola from Sindh was traded from Rs 1,400 to Rs 2,300 per maund, Punjab’s crop was traded from Rs 1,800 to Rs 2,400 per maund and Balochistan’s Banola was traded from Rs 1,700 to Rs 2,300 per maund, added Naseem Usman.*
*As many as 400 bales of Dharan Wala were sold at Rs 16500 per maund, 1200 bales of Yazman Mondi were sold at Rs 15500 to Rs 16500 per maund, 200 bales of Rahim Yar Khan were sold at Rs 17400 per maund and 400 bales of Haroonabad were sold at Rs 14600 per maund.*
*SiS Commited to update you on all textile related news real time.*
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