LAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Tuesday hiked the spot rate by Rs 100 per head and closed it at Rs 18,500 per head. The local cotton market remained firm and the trading volume was satisfactory.
Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,400 to Rs 18,500 per head. The rate of footi in Sindh is between Rs 7,000 to Rs 8,300 per 40 kg. The rate of cotton in Punjab is between Rs 19,200 to Rs 19,500 per head and the rate of foot is between Rs 7,700 to Rs 8,800 per 40 kg. Cotton rates in Balochistan range from Rs 18,300 to Rs 18,500 per head, while footy rates range from Rs 7,800 to Rs 8,600 per 40 kg.
About 400 bales of Mehrab Pur, 1,000 bales of Khair Pur, 800 bales of Rohri at Rs 18,300 to Rs 18,350 per head, 1600 bales of Saleh Pat at Rs 18,300 to Rs 18,500 per head, 2200 bales of Shahdad Pur were sold. Sold at Rs 18,300 to Rs 18,400 per head, 800 bales of Mir Pur Khas, 200 bales of Sarkand sold at Rs 18,300 per head, 3200 bales of Tando Edam sold at Rs 18,400 to Rs 18,500 per head 400 bales of Daur were sold at Rs 18,300 to Rs 18,400 per head, Halani 400 bales at Rs 18,400 per head, Dera Ghai Khan 200 bales, Haroonabad 600 bales at Rs 18,900 per head, Lodhran 400 bales, 800 bales per head were sold Fort Abbas, Fakir Wali 1200 bales for Rs 19,000 per head, Vehari 1800 bales for Rs 18,900 to Rs 19,000 per head, Khanewal 500 bales for Rs 19,000 to Rs 19,200 per head, Hasil 400 bales were sold. Pur was sold for Rs 18,900 to Rs 19,000 per head, Laiya 400 bales, Sadiqabad 200 bales at Rs 18,900 per head, Jalal Pur 600 bales at Rs 19,000 to Rs 19,100 per head, Donga Bonga 400 bales were sold. 19,100 per head and 200 bales of Ahmed Pur East were sold at Rs.19,000 per head.
The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 100 per head and closed it at Rs 18,500 per head. Polyester fiber was available at Rs 365 per kg.
Regards
Team Sis
Any query plz call 9111677775
https://wa.me/919111677775
