LAHORE: The local cotton market remained stable on Wednesday with a marginal improvement in trading volume.
Cotton analyst Naseem Usman told that the price of cotton in Sindh is 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.
About 300 bales of Shahdad Pur were sold at Rs.15,500 per head, 600 bales of Tando Adam, 200 bales of Kotri Kabir and 200 bales of Rani Pur at Rs.18,000 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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