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Light trading on cotton market in Pakistan

By YASH BISE 2023-05-23 10:41:55
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LAHORE: The local cotton market remained stable on Monday with satisfactory trading volume.

Cotton analyst Naseem Usman told that the rate 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. Mir Pur Mathelo sold 400 bales at Rs 21,500 per head (condition) and Khair Pur sold 800 bales at Rs 20,500 per head.

400 bales of Mir Pur Mathelo were sold at Rs.21,500 (condition) per head, 800 bales of Khan Pur were sold at Rs.20,500 per head.

The spot rate remained unchanged at Rs 20,000 per head. Polyester fiber was available at Rs 375 per kg.

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