Pakistan: Business activities have improved in the cotton market
Lahore: The local cotton market remained stable on Monday and the market was up. Cotton analyst Naseem Usman
Cotton analyst Nasim Usman told that the rate of new crop of cotton in Sindh is between Rs 20,300 to Rs 20,500 per head. The rate of footi in Sindh ranges from Rs 9,200 to Rs 10,200 per 40 kg. The cotton price in Punjab is Rs 21,500 to Rs 21,000 per head and footie rate is Rs 10,400 to Rs 10,500 per 40 kg.
About 600 bales of Tando Adam Rs 20,200 to 20,800 per head, 2600 bales of Shahdad Pur Rs 20,000 to Rs 20,700 per head, 3600 bales of Sanghar Rs 20,000 to 20,600 per head, Rs 1000 per head Mir Pur Khas sold 600 bales 20,000 onwards Rs 20,300 per head, 600 bales of Khando Rs 20,150 to 20,300 per head, 600 bales of Kotri Rs 20,000 to 20,200 per head, 200 bales of Burewala sold, 200 bales of Chichavatni Rs 20,500 per head, 100 bales of Samudri, 200 bales winder 20,100 Rs per head and 200 bales of Sakran were sold at Rs 20,300 per head.
The spot rate remained unchanged at Rs 20,500 per head. Polyester fiber was available at Rs 355 per kg.
