Pakistan: Prices firm up amid brisk activity in the cotton market
LAHORE: The local cotton market remained stable on Tuesday with satisfactory trading volume.
Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 17,200 to Rs 17,400 per head. The rate of footi in Sindh is between Rs 7,300 to Rs 7,600 per 40 kg.
The rate of cotton in Punjab is between Rs 17,600 to Rs 17,700 per head and the rate of cotton is between Rs 7,200 to Rs 8,000 per 40 kg. Cotton rates in Balochistan range from Rs 17,200 to Rs 17,300 per head, while footy rates range from Rs 7,200 to Rs 7,700 per 40 kg.
About 8,000 bales of Tando Edam were sold at Rs 17,000 to Rs 17,500 per head, 600 bales of Daur were sold at Rs 17,300 to Rs 17,700 per head, 800 bales of Khadro at Rs 17,300 to Rs 17,500 per head Sold, 32, 00 Shahdad Pur 00 bales sold at Rs 16,800 to 17,500 per head, Sanghar 400 bales at Rs 17,000 to 17,300 per head, Hala 400 bales at Rs 17,400 per head, Nawab Shah 1200 bales sold at Rs 17,200 to 17 Rs.400 per Man, 1600 bales of Mirpur Khas, 1000 bales of Shahpur Chakkar sold at Rs.17,000 to Rs.17,400 per mand, 600 bales of Hyderabad sold at Rs.17,000 to Rs.17,200 per mand, 400 bales were sold. In Yazman Mandi, 400 bales of Ahmad Pur East were sold at Rs 17,200 per maund, 400 bales of Rahim Yar Khan, 400 bales of Khan Pur were sold at Rs 17,800 per maund, 1600 bales of Burewala were sold at Rs 17,650 to Rs 17,700 per maund . Per head, 1200 bales of Chichavatni, 600 bales of Gojra were sold at the rate of Rs.17,700 to Rs.17,800 per head, 1400 bales of Harunabad at Rs.17,700 per head, 1200 bales of Haasilpur at the rate of Rs.17,700 to Rs.17,800 per head. 800 bales of Khanewal were sold at Rs.17,800 to Rs.18,000 per head, 1600 bales of Layya at Rs.17,675 to Rs.17,800 per head, 1600 bales of Lodharan at Rs.17,700 per head, 800 bales of Miyan Channu were sold. 17,700 to Rs 18,000 per head, 600 bales of Mongi Bungalow, 600 bales of Murid Wala at Rs 17,700 per head, 400 bales of Pir Mahal at Rs 17,600 to 18,000 per head, 400 bales of Shujabad were sold. 17,600 per head and 800 bales of Vehari were sold at Rs.17,800 to Rs.18,000 per head.
The spot rate remained unchanged at Rs 17,300 per head. Polyester fiber was available at Rs 345 per kg.
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