Pakistan's local cotton market remained steady on Wednesday with low trading volumes. Cotton analyst Naseem Usman told that the reason for the low trading volume is that people were busy congratulating each other after Eid.
The price of cotton in Sindh ranges between Rs 17,000 to Rs 20,000 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.
The spot rate remained unchanged at Rs 20,000 per head. Polyester fiber was available at Rs 375 per kg.
