Latest news with #NaseemUsman
Business Recorder
8 hours ago
- Business
- Business Recorder
Spot rate drops Rs300 per maund
LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday decreased the spot rate by Rs 300 per maund and closed it at Rs 16,000 per maund. Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained easy and the trading volume remained satisfactory. He also that the rate of new cotton in Sindh is in between Rs 15,700 to Rs 16,000 per maund and the rate of cotton in Punjab is in between Rs 16,200 to Rs 16,400 per maund. The rate of Phutti in Punjab is in between Rs 6,500 to Rs 7,000 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,500 to Rs 8,500 per 40 kg. The rate of cotton in Balochistan is in between Rs 15,900 to Rs 16,100 per maund. The rate of Phutti in Balochistan is in between Rs 6,600 to Rs 7,000 per maund. Approximately, 1600 bales of Tando Adam were sold in between Rs 15,800 to Rs 15,900 per maund, 1000 bales of Shahdad Pur were sold at Rs 15,900 per maund, 1000 bales of Sanghar were sold in between Rs 15,900 to Rs 16,200 per maund, 200 bales of Hyderabad were sold at Rs 15,850 per maund, 1000 bales of Mir Pur Khas were sold at Rs 15,800 per maund, 400 bales of Gojra were sold at Rs 16,000 per maund, 200 bales of Chichawatni were sold at Rs 16,375 per maund, 400 bales of Mungi Bangla were sold at Rs 16,000 per maund, 200 bales of Khanewal were sold at Rs 16,400 per maund, 200 bales of Hasil Pur, 200 bales of Peer Mahal, 400 bales of Layyah were sold at Rs 16,350 per maund, 200 bales of Jahania were sold at Rs 16,400 per maund and 200 bales of Shujabad were sold at Rs 16,450 per maund. The Spot Rate Committee of the Karachi Cotton Association decreased the spot rate by Rs 300 per maund and closed it at Rs 16,000 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025
Business Recorder
2 days ago
- Business
- Business Recorder
Sizeable business on cotton market
LAHORE: The local cotton market on Saturday remained easy and the trading volume remained satisfactory. Cotton Analyst Naseem Usman told Business Recorder that the rate of new cotton in Sindh is in between Rs 15,900 to Rs 16,300 per maund and the rate of cotton in Punjab is in between Rs 16,200 to Rs 16,450 per maund. The rate of Phutti in Punjab is in between Rs 6,700 to Rs 7,200 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,600 to Rs 6,700 per 40 kg. The rate of cotton in Balochistan is in between Rs 16,700 to Rs 16,900 per maund. The rate of Phutti in Balochistan is in between Rs 6,700 to Rs 7,200 per maund. 2800 bales of Tando Adam were sold in between Rs 15,900 to Rs 16,200 per maund, 1800 bales of Shahdad Pur were sold in between Rs 16,000 to Rs 16,200 per maund, 2200 bales of Sanghar were sold in between Rs 15,900 to Rs 16,200 per maund, 800 bales of Hala were sold at Rs 16,200 per maund, 1000 bales of Hyderabad were sold in between Rs 15,900 to Rs 16,000 per maund, 400 bales of Mir Pur Khas were sold at Rs 16,100 per maund, 800 bales of Fazal Pur were sold at Rs 16,550 to Rs 16,600 per maund, 200 bales of Ghazi Ghat were sold at Rs 16,550 per maund, 1200 bales of Taunsa Shareef were sold in between Rs 16,445 to Rs 16,5550 per maund, 800 bales of Mian Channu were sold at Rs 16,500 per maund,600 bales of Gojra were sold in between Rs 16,000 to Rs 16,100 per maund, 400 bales of Rajan Pur, 200 bales of Shujabad were sold at Rs 16,500 per maund, 1600 bales of Vehari were sold in between Rs 16,100 to Rs 16,450 per maund, 800 bales of Chichawatni were sold at Rs 16,100 to Rs 16,450 per maund,600 bales of Harroonabad were sold at Rs 16,400 per maund, 400bales of Peer Mahal were sold at Rs 16,300 per maund, 400 bales of Toba Tek Singh were sold at Rs 16,200 per maund and 1000 bales of Burewala were sold in between Rs 16,100 to Rs 16,400 per maund. The Spot Rate remained unchanged at Rs 16,300 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025
Business Recorder
4 days ago
- Business
- Business Recorder
Firm trend seen on cotton market
LAHORE: The local cotton market on Thursday remained steady and the trading volume remained satisfactory. Cotton Analyst Naseem Usman told Business Recorder that the rate of new cotton in Sindh is in between Rs 16,100 to Rs 16,300 per maund and the rate of cotton in Punjab is in between Rs 16,300 to Rs 16,600 per maund. The rate of Phutti in Punjab is in between Rs 6,900 to Rs 7,500 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,800 to Rs 7,500 per 40 kg. The rate of cotton in Balochistan is in between Rs 16,100 to Rs 16,300 per maund. The rate of Phutti in Balochistan is in between Rs 7,000 to Rs 7,400 per maund. Approximately, 1000 bales of Sanghar were sold in between Rs 16,200 to Rs 16,250 per maund, 400 bales of Shahdad Pur were sold at Rs 16,200 per maund, 800 bales of Hasil Pur were sold in between Rs 16,300 to Rs 16,450 per maund, 400 bales of Peer Mahal, 200 bales of Noor Pur Noranga, 800 bales of Tounsa, 400 bales of Lodhran were sold at Rs 16,450 per maund, 400 bales of Ahmed Pur were sold at Rs 16,400 per maund, 200 bales of Layyah were sold at Rs 16,475 per maund, 400 bales of Gojra, 400 bales of Muridwala were sold at Rs 16,200 per maund, 1000 bales of Winder were sold at Rs 16,100 to Rs 16,150 per maund. The Spot Rate remained unchanged at Rs 16,300 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025
Business Recorder
5 days ago
- Business
- Business Recorder
Mills' active buying help prices to keep present levels
LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton Analyst Naseem Usman told Business Recorder that the arrival of Phutti was affected due to rains. He also told that the rate of new cotton in Sindh is in between Rs 16,100 to Rs 16,300 per maund and the rate of cotton in Punjab is in between Rs 16,300 to Rs 16,600 per maund. The rate of Phutti in Punjab is in between Rs 6,900 to Rs 7,500 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,800 to Rs 7,500 per 40 kg. The rate of cotton in Balochistan is in between Rs 16,100 to Rs 16,300 per maund. The rate of Phutti in Balochistan is in between Rs 7,000 to Rs 7,400 per maund. Around, 200 bales of Kotri, 400 bales of Shahdad Pur were sold at Rs 16,000 per maund, 400 bales of Tando Adam, 600 bales of Sanghar were sold in between Rs 16,100 to Rs 16,200 per maund, 600 bales of Sanghar, 600 bales of Khadro, 400 bales of Shah Pur Chakar were sold at Rs 16,200 per maund, 200 bales of Lodhran were sold at Rs 16,500 per maund, 1000 bales of Hasil Pur were sold in between Rs 16,450 to Rs 16,500 per maund, 1400 bales of Burewala were sold in between Rs 16,200 to Rs 16,500 per maund, 200 bales of Multan, 200 bales of Jhang were sold at Rs 16,500 per maund, 1600 bales of Vehari were sold in between Rs 16,200 to Rs 16,400 per maund, 200 bales of Bahawal Pur, 400 bales of Peer Mahal, 1200 bales of Chichawatni were sold at Rs 16,475 per maund, 800 bales of Mian Channu were sold at Rs 16,350 per maund, 400 bales of Kassowal, 400 bales of Layyah, 400 bales of Haroonabad were sold at Rs 16,400 per maund, 800 bales of Tounsa Shareef were sold at Rs 16,500 per maund and 800 bales of Khanewal were sold at Rs 16,300 per maund. The Spot Rate remained unchanged at Rs 16,300 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025
Business Recorder
6 days ago
- Business
- Business Recorder
Handsome business activity on cotton market
LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton Analyst Naseem Usman told Business Recorder that the rate of new cotton in Sindh is in between Rs 16,100 to Rs 16,300 per maund and the rate of cotton in Punjab is in between Rs 16,300 to Rs 16,600 per maund. The rate of Phutti in Punjab is in between Rs 6,900 to Rs 7,500 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,800 to Rs 7,500 per 40 kg. The rate of cotton in Balochistan is in between Rs 16,100 to Rs 16,300 per maund. The rate of Phutti in Balochistan is in between Rs 7,000 to Rs 7,400 per maund. Approximately, 1600 bales of Tando Adam were sold in between Rs 16,200 to Rs 16,300 per maund, 400 bales of Kotri, 400 bales of Hyderabad were sold at Rs 16,200 per Kg, 1200 bales of Shahdad Pur, 1400 bales of Sanghar were sold in between Rs 16,200 to Rs 16,300 per 40 kg, 1200 bales of Rajan Pur were sold at Rs 16,400 per maund, 600 bales of Haroonabad were sold at Rs 16,5550 per maund, 3600 bales of Vehari were sold at Rs 16,300 to Rs 16,500 per maund, 200 bales of Chichawatni were sold at Rs 16,500 per maund, 600 bales of Burewala were sold in between Rs 16,300 to Rs 16,450 per maund, 1200 bales of Layyah were sold in between Rs 16,300 to Rs 16,500 per maund, 800 bales of Hasil Pur were sold in between Rs 16,200 to Rs 16,400 per maund, 100 bales of Mureed Wala were sold at Rs 16,550 per maund and 400 bales of Mian Channu were sold at Rs 16,350 per maund. The Spot Rate remained unchanged at Rs 16,300 per maund. The rate of Polyester Fiber was decreased by Rs 5 per Kg and was available at Rs 330 per kg. Copyright Business Recorder, 2025
