Pakistan: There was no movement in the cotton market.
LAHORE: The local cotton market remained steady on Tuesday with little trading volume.
Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is Rs 20,400 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 rate of cotton in Punjab is Rs 20,500 to Rs 21,000 per head and the rate of foot is Rs 10,400 to Rs 10,500 per 40 kg.
2400 bales of Tando Adam were sold for Rs.20,300 to 20,500 per head and 1200 bales of Sanghar were sold for Rs.20,300 to 20,500 per head.
The spot rate remained unchanged at Rs 20,500 per head.
Polyester fiber was available at Rs 355 per kg.
