LAHORE: The local cotton market remained subdued on Tuesday with low trading volume.
Cotton analyst Naseem Usman said that the rate of new crop of cotton in Sindh is Rs 19,600 to Rs 20,300 per maund. The rate of footi in Sindh is between Rs 8,000 to Rs 9,200 per 40 kg. The rate of cotton in Punjab is between Rs 19,900 to Rs 20,500 per head and the rate of cotton in Punjab is between Rs 8,000 to Rs 9,500 per 40 kg. Cotton rates in Balochistan range from Rs 19,800 to Rs 20,200 per head, while footy rates range from Rs 9,000 to Rs 10,500 per 40 kg.
About 800 bales of Tando Edam were sold at Rs 19,800 to Rs 20,000 per maund, 800 bales of Shahdad Pur at Rs 19,900 to Rs 20,000 per maund, 600 bales of Saleh Pat, 200 bales of Rohri were sold at Rs 20,500 per maund. 200 bales of Maund, Fort Abbas were sold at Rs 21,000 per head, 400 bales of Layya were sold at Rs 20,700 to 21,000 per head, 200 bales of Vehari and 400 bales of Haroonabad were sold at Rs 21,000 per head Were sold.
Spot rate remained unchanged at Rs 20,300 per maund. Polyester fiber was available at Rs 378 per kg.
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