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Pakistan: Minor business activities in cotton market

By ashish wagh 2023-09-12 10:41:30
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Lahore: The local cotton market remained stable on Monday and the amount of business was low.


Cotton analyst Nasim Usman said that the rate of new cotton crop in Sindh is Rs 18,000 to Rs 18,500 per mind. The rate of burst in Sindh is between Rs 8,000 to Rs 8,500 per 40 kg. Cotton rate in Punjab is between Rs 19,000 to Rs 19,500 per mind and the rate of burst in Punjab is between Rs 8,500 to Rs 9,000 per 40 kg. Balochistan has a cotton rate of Rs 18,000 to Rs 18,200 per mind while the rate of burst is between Rs 8,200 to Rs 9,500 per 40 kg.


Nearly, 200 knots of Mir Pur Khas were sold at Rs 17,800 per mind, 400 lines of Lodharan were sold at Rs 20,000 per mind and Mian Channu's 200 knots were sold at Rs 19,000 per mind.


The spot rate remained unchanged on Rs 18,000 per mind. Polyester fiber was available at Rs 378 per kg.


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