LAHORE: The local cotton market remained stable on Monday with low trading volume.
Cotton analyst Naseem Usman said trading activities were limited due to rains in the cotton-growing regions of Sindh and Punjab.
The rate of new cotton crop in Sindh is between Rs 17,500 to Rs 17,600 per head. The rate of footi in Sindh is between Rs 6,000 to Rs 7,500 per 40 kg. The rate of cotton in Punjab is between Rs 18,000 to Rs 18,100 per head and the rate of cotton is between Rs 6,500 to Rs 8,300 per 40 kg. Cotton rates in Balochistan range from Rs 17,500 to Rs 17,600 per head, while footy rates range from Rs 7,000 to Rs 7,300 per 40 kg.
The spot rate remained unchanged at Rs 17,700 per head.
Polyester fiber was available at Rs 345 per kg.
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Team Sis
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