LAHORE: The local cotton market remained firm on Wednesday with excellent trading volume.
Cotton analyst Naseem Usman told PTI that the rate for the new crop of cotton in Sindh is between Rs 18,000 and Rs 18,300 per head. The rate of footi in Sindh is between Rs 7,200 to Rs 8,200 per 40 kg. The rate of cotton in Punjab is between Rs 18,200 to Rs 18,600 per head and the rate of foot is between Rs 7,300 to Rs 8,500 per 40 kg. Cotton rates in Balochistan range from Rs 18,000 to Rs 18,200 per head, while footy rates range from Rs 7,500 to Rs 9,000 per 40 kg.
Around 600 bales of Mir Pur Khas were sold between Rs 18,100 to Rs 18,200 per head, 400 bales of Dor were sold between Rs 18,000 to Rs 18,075 per head, 600 bales of Shahdad Pur, 800 bales of Mehrab Pur were sold at Rs 18,000 to Rs 18,075 per head. 18,100 per head, 800 bales of Tando Adam at Rs.18,200 per head, 1000 bales of Sanghar, 200 bales of Kotri at Rs.18,000 per head, 1400 bales of Rohri at Rs.18,000 to Rs.18,050 per head, Rs.1200 per head. Bales of Saleh Pat Rs 18,000 to Rs 18,200 per head, 400 bales of Akari, 400 bales of Rani Pur Rs 18,000 per head, 1400 bales of Lodharan sold at Rs 18,100 to Rs 18,500 per head, 600 bales of Haroonabad sold at Rs 18,500 per head Mind, Vehari 1200 bales were sold for Rs 18,300 to 18,500 per head, 800 bales of Laya were sold for Rs 18,100 to 18,500 per head, 200 bales of Miyan Channu were sold for Rs 18,450. 18,500 per head, Chichavatni 1600 bales at Rs 18,300 per head, Mamo Kanjan 400 bales at Rs 18,450 per head, Fort Abbas 800 bales at Rs 18,400 per head, Haasil Pur 400 bales were sold. Mongi Bangla 400 bales, Pir Mahal 400 bales Rs 18,300 per head, Shujabad 400 bales, Marot 400 bales, Yajman Mandi 200 bales Rs 18,400 per head, Samundari 400 bales 400 bales per head. Jhang, Toba Tek Singh for 400 bales were sold at Rs.18,100 per head, Khair Pur Tami Wali for 200 bales at Rs.18,450 per head and Dera Ghazi Khan for 400 bales at Rs.18,200 to Rs.18,300 per head.
The spot rate remained unchanged at Rs 18,000 per head. The rate of polyester fiber increased by Rs 2 and is available at Rs 360 per kg.
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