The local cotton market was upbeat on Friday and the trading volume was satisfactory. Cotton analyst Naseem Usman told that the price of cotton in Sindh is 17 thousand to 20 thousand rupees per head.
The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head. The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg. Rahim Yar Khan sold for 5600 bales at Rs.21,000 per head (condition) and Marrot (323 bales) at Rs.19,300 per head.
The spot rate remained unchanged at Rs 19,700 per head. Polyester fiber was available at Rs 373 per kg.
