LAHORE: The local cotton market remained stable on Monday with low trading volume.
Cotton analyst Naseem Usman said that the rate of cotton in Sindh is Rs 13,500 to 16,500 per maund. The rate of footi in Sindh is between Rs 5,500 to Rs 7,000 per 40 kg.
The rate of cotton in Punjab is Rs 15,500 to 16,300 per maund and the rate of cotton in Punjab is Rs 6,500 to 7,500 per 40 kg. Cotton rates in Balochistan range from Rs 14,000 to Rs 14,500 per maund while cotton rates range between Rs 6,500 to Rs 8,000 per 40 kg.
1400 bales of Shahdad Pur were sold at Rs 13,500 to Rs 14,500 per maund, 1600 bales of Tando Adam were sold at Rs 13,000 to Rs 14,500 per maund, 200 bales of Khair Pur were sold at Rs 15,000 to Rs 15,100 per maund, 400 bales were sold at Rs. Dharki (Primark) sold at Rs 16,400 per maund, Ghotki (Primark) 400 bales sold at Rs 16,400 per maund, Obero (Primark) 200 bales sold at Rs 16,400 per maund, Quote 200 bales of Sabzal (Primark) were sold at Rs 16,400 per maund and 600 bales of Yazman were sold at Rs 14,800 per maund.
Spot rate remained unchanged at Rs 16,000 per maund. Polyester fiber was available at Rs 360 per kg.
