LAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Wednesday hiked the spot rate by Rs 400 per head and closed it at Rs 18,900 per head. The local cotton market remained upbeat and the trading volume was satisfactory.
Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,800 to Rs 19,000 per head. The rate of footi in Sindh is between Rs 7,800 to Rs 8,800 per 40 kg. Cotton rates in Punjab range from Rs 19,800 to Rs 20,000 per head and cottonseeds range from Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Balochistan range from Rs 18,700 to Rs 19,000 per head, while footy rates range from Rs 8,000 to Rs 9,000 per 40 kg.
Around, 200 bales of Hyderabad were sold at Rs.18,550 per head, 1800 bales of Tando Adam at Rs.18,400 to Rs.18,600 per head, 1200 bales of Shahdadpur at Rs.18,500 to Rs.18,600 per head, 600 bales were sold. Daur, 800 bales of Bandhi, 800 bales of Bukhari, 600 bales of Khairpur were sold at Rs.18,500 per head, 1400 bales of Mehrabpur at Rs.18,500 to Rs.18,700 per head, 1200 bales of Rohri at Rs.18,500 per head. 18,600 per head, 2000 bales of Saleh Pat at Rs.18,500 to 18,700 per head, 600 bales of Sarhari at Rs.18,700 per head, 600 bales of Nawab Shah at Rs.18,500 per head, 400 bales were sold. Dera Ghazi Khan, Vehari sold for Rs.19,500 per head in 200 bales, Khanewal in 800 bales for Rs.19,200 to Rs.19,400 per head, Layya in 1600 bales at Rs.18,900 to Rs.19,200 per head, Marot in 400 bales. 19,000 per head, Fakir Wali 1800 bales at Rs 19,000 to Rs 19,300 per head, Bahawalpur 400 bales, Yajman Mandi 400 bales at Rs 19,100 per head, Burewala 1200 bales at Rs 19,300 per head. 19,200 to 19,500 per head, 1000 bales of Lodhran at Rs 19,500 per head, 2800 bales of Harunabad at Rs 19,000 to 19,400 per head and 200 bales of Sadiqabad at Rs 19,400 per head.
The spot rate committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 400 per head and closed it at Rs 18,900 per head. Polyester fiber was available at Rs 365 per kg.
Regards
Team Sis
Any query plz call 9111677775
https://wa.me/919111677775
