Pakistan: Strong trend in cotton market
LAHORE: The local cotton market remained stable on Tuesday with low trading volume.
Cotton analyst Naseem Usman said that the cotton rate in Sindh is Rs 16,500 to Rs 18,500 per maund. The rate of footi in Sindh is between Rs 6,800 to Rs 8,000 per 40 kg.
The rate of cotton in Punjab is between Rs 17,700 to Rs 18,500 per maund and the rate of cotton in Punjab is between Rs 7,000 to Rs 8,500 per 40 kg. The rate of cotton in Balochistan is between Rs 16,800 to Rs 17,200 per maund while the rate of cotton is between Rs 8,000 to Rs 8,800 per 40 kg.
About 400 bales of Dherki were sold at Rs 18,500 per maund, 200 bales of Ghotki, 200 bales of Panu Akil were sold at Rs 18,200 per maund, 1600 bales of Saleh Pat were sold at the rate of Rs 17,500 to Rs 17,700 per maund. Sold, 1400 bales of Khairpur were sold at Rs 17,450 to 17,700 per maund, 600 bales of Dadu were sold at Rs 18,000 per maund, 1800 bales of Rohri were sold at Rs 17,450 to 17,700 per maund, 1800 bales of Karondi were sold at Rs 17,450. 17,500 per maund, 600 bales of Mir Pur Khas were sold at Rs 16,000 per maund, 800 bales of Tando Edam were sold at Rs 17,200 to Rs 17,300 per maund, 4800 bales of Mian Wali were sold at Rs 18,200 to Rs 18,500 per maund. 200 bales of Miyan Channu were sold at Rs 18,100 per maund, 200 bales of Shadan Lund were sold at Rs 18,000 per maund, 400 bales of Tunsa Shaif were sold at Rs 18,000 per maund, 600 bales of Fakir Wali were sold at the rate of Rs 18,000 per maund. Sold at the rate of Rs per maund. 18,200 per maund, 400 bales of Bakkhar were sold at Rs 18,000 per maund, 800 bales of Rahim Yar Khank, 400 bales of Sadiqabad, 200 bales of Kot Sabzal, 800 bales of Fort Abbas were sold at Rs 18,500 per maund, 1000 bales of Harunabad were sold at 18 ,200 To Rs 18,500 per maund, 1000 bales of Shujabad were sold at Rs 18,300 to 18,500 per maund, 2200 bales of Layya were sold at Rs 18,000 to Rs 18,500 per maund, 3600 bales of Yajman Mandi were sold. 300 bales of Hasil Pur were sold at Rs 18,200 to Rs 18,300 per maund and 300 bales of Hasil Pur were sold at Rs 18,500 to Rs 18,550 per maund.
Spot rate remained unchanged at Rs 18,000 per maund. Polyester fiber was available at Rs 370 per kg.
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