LAHORE: The local cotton market remained firm on Wednesday with satisfactory trading volume. Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 17,400 to Rs 17,600 per head. The rate of footi in Sindh is between Rs 7,500 to Rs 7,900 per 40 kg.
The rate of cotton in Punjab is between Rs 17,800 to Rs 18,000 per head and the rate of cotton is between Rs 7,500 to Rs 8,600 per 40 kg. Cotton rates in Balochistan range from Rs 17,300 to Rs 17,500 per head while footy rates range from Rs 7,500 to Rs 7,700 per 40 kg.
For the first time in the country's history, the collective cotton production figures have been released in the month of July instead of September, which is expected to record cotton production in the country this year.
A total of 858,000 bales have arrived at ginning factories across the country as of July 15, according to data released by the Pakistan Cotton Ginners Association (PCGA). Of them, 659,134 bales reached Sindh and 198,873 bales reached ginning factories in Punjab.
The PCGA report shows that textile mills have purchased 691,731 bales till July 15, 1,000 bales have been exported and 165,276 salable bales are available with factories. Contrary to the previous practice of releasing the first cotton data in September, this year the data has been shared on July 18.
Khair Pur sold 600 bales at Rs 17,400 per head, Daur 600 bales at Rs 17,200 to Rs 17,300 per head, Shahdad Pur 1400 bales at Rs 17,200 to Rs 17,400 per head, Nawab Shah 800 bales, Shah Pur Chakar 800 bales at Rs 17 per head Yes. Rs 200 to Rs 17,300 per head, Tando Adam 2200 bales Rs 17,000 to Rs 17,275 per head, Lidharan 800 bales Rs 17,775 to 17,800 per head, Harunabad 1200 bales Rs 17,750 to Rs 17,800 per head, 10 Alipur 0 Bales, 3200 bales of Burewala, 200 bales of Rahim Yar Khan, 200 bales of Bahawalpur, 200 bales of Peer Mahal, 600 bales of Haasilpur, 200 bales of Ahmed Pur Purvi, 200 bales of Faridpur, 200 bales of Jhang Rs.17,700 per head, 600 bales of Toba Tek Singh were sold. Sold at Rs 17,550 per head, Miyan Channu 800 bales at Rs 17,700 to Rs 17,800 per head, Fakir Wali 400 bales at Rs 17,775 per head, Laya 1200 bales at Rs 17,700 to Rs 17,7750 per head were sold
The spot rate remained unchanged at Rs 17,300 per head. Polyester fiber was available at Rs 345 per kg.
Regards
Team Sis
Any query plz call 9111677775
https://wa.me/919111677775
