The local cotton market on Thursday remained bearish and the trading volume remained a little bit low.
Cotton Analyst Naseem Usman told Business Recorder that the rate of cotton in Sindh is Rs 14,500 to Rs 16,500 per maund. The rate of Phutti in Sindh is in between Rs 5,000 to Rs 6,500 per 40 kg.
The rate of cotton in Punjab Rs 16,300 to Rs 17,000 per maund and the rate of Phutti in Punjab is in between Rs 6,500 to Rs 7,000 per 40 kg. The rate of cotton in Balochistan is Rs 15,500 to Rs 15,600 per maund while the rate of Phutti is in between Rs 6,750 to Rs 8,000 per 40 kg.
The Spot Rate remained unchanged at Rs 16,800 per maund. Polyester Fiber was available at Rs 360 per kg.
Source: Business Recorder, 2023
Regards
Team Sis
Any query plz call 9111977771
https://wa.me/919111977775
