LAHORE: The local cotton market remained firm on Wednesday with satisfactory trading volume.
Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 17,800 to Rs 18,000 per head. The rate of footi in Sindh is between Rs 7,300 to Rs 8,000 per 40 kg.
The rate of cotton in Punjab is between Rs 17,900 to Rs 18,400 per head and the rate of cotton is between Rs 7,600 to Rs 9,000 per 40 kg. Cotton rates in Balochistan range from Rs 17,800 to Rs 17,900 per head, while footy rates range from Rs 8,000 to Rs 8,500 per 40 kg.
About 200 bales of Sanghar, 400 bales of Chowdagi, 200 bales of reed at Rs.17,800 per head, Tando Adam 2800 bales at Rs.17,800 to Rs.17,900 per head, 1400 bales of Shahdadpur were sold at Rs.17,800 per head. 18,000 per head, 200 bales of Badin, 600 bales of Mirpur Khas, 400 bales of Sarhari, 1000 bales of Daur at Rs.17,800 per head, 2300 bales of Fakir Wali at Rs.17,900 to Rs.18,100 per head. 1800 bales of Vehari were sold at the rate of Rs.18,200 to Rs.18,400 per head, 200 bales of Kacha Kaho were sold at the rate of Rs.18,100 per head, 1400 bales of Chichavatni were sold at the rate of Rs.17,900 to Rs.18,250 per head, Layya 1400 bales were sold. Selling at Rs.17,900 to Rs.18,000 per head, 200 bales of Pir Mahal, 200 bales of Toba Tek Singh, and 200 bales of Mungi Bangla were sold at Rs.18,250 per head.
The spot rate remained unchanged at Rs 17,935 per head. Polyester fiber was available at Rs 350 per kg.
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