Cotton market: No visible change ahead of Eid holidays – Markets

LAHORE: The local cotton market on Saturday remained bearish and the trading volume remained low.

Cotton Analyst Naseem Usman told media that the cotton prices in Sindh currently range between Rs 16,000 and Rs 17,200 per maund depending on quality, while Punjab’s rates hover between Rs 16,500 and Rs 17,500 per maund.

Meanwhile, the spot rate remained unchanged at Rs 16,800 per maund, with polyester fiber trading at Rs 346 per kilogram.

LAHORE: The local cotton market on Saturday remained bearish and the trading volume remained low.

Cotton Analyst Naseem Usman told media that the cotton prices in Sindh currently range between Rs 16,000 and Rs 17,200 per maund depending on quality, while Punjab’s rates hover between Rs 16,500 and Rs 17,500 per maund.

Meanwhile, the spot rate remained unchanged at Rs 16,800 per maund, with polyester fiber trading at Rs 346 per kilogram.