Latest news with #SpotRateCommittee
Business Recorder
2 days ago
- Business
- Business Recorder
Spot rate gains Rs100 per maund amid slow trading
LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday increased the spot rate by Rs 100 per maund and closed it at Rs 16,300 per maund. Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained firm and the trading volume remained low. He also told that the rate of new cotton in Sindh is in between Rs 16,400 to Rs 16,500 per maund and the rate of cotton in Punjab is in between Rs 16,400 to Rs 16,500 per maund. The rate of Phutti in Punjab is in between Rs 7,000 to Rs 7,600 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 16,300 to Rs 16,400 per maund. The rate of Phutti in Balochistan is in between Rs 6,800 to Rs 7,500 per maund. Approximately, 800 bales of Tando Adam, 1000 bales of Sanghar were sold in between Rs 16,200 to Rs 16,300 per maund, 600 bales of Shahdad Pur were sold at Rs 16,300 per maund and 200 bales of Winder were sold at Rs 16,250 per maund. 400 bales of Tando Adam, 400 bales of Shahdad Pur were sold in between Rs 16,300 to Rs 16,400 per maund and 200 bales of Jhole were sold at Rs 16,400 per maund. The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 100 per maund and closed it at Rs 16,300 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025
Business Recorder
29-07-2025
- Business
- Business Recorder
Spot rate loses further Rs200 per maund
LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday decreased the spot rate by Rs 200 per maund and closed it at Rs 15,800 per maund. Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained bearish and the trading volume remained satisfactory. He also that the rate of new cotton in Sindh is in between Rs 15,5 00 to Rs 15,900 per maund and the rate of cotton in Punjab is in between Rs 15,500 to Rs 16,200 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 6,000 to Rs 6,700 per 40 kg. The rate of cotton in Balochistan is in between Rs 15,600 to Rs 15,800 per maund. The rate of Phutti in Balochistan is in between Rs 6,600 to Rs 6,800 per maund. Around, 9000 bales of Tando Adam were sold in between Rs 15,550 to Rs 15,800 per maund, 2400 bales of Shahdad Pur were sold in between Rs 15,600 to Rs 15,900 per maund, 1800 bales of Sanghar were sold in between Rs 15,550 to Rs 15,900 per maund, 1200 bales of Hyderabad were sold in between Rs 15,550 to Rs 15,850 per maund, 1800 bales of Mir Pur Khas were sold in between Rs 15,600 to Rs 15,800 per maund, 400 bales of Hala were sold at Rs 15,600 per maund, 200 bales of Patoki were sold at Rs 15,850 per maund, 1000 bales of Burewala were sold in between Rs 15.800 to Rs 15,900 per maund, 400 bales of Chichawatni were sold at Rs 15,900 per maund, 600 bales of Gojtra were sold at Rs 16,000 per maund, 200 bales of Muridwala were sold at Rs 16,100 per maund, 600 bales of Mongi Bangla were sold in between Rs 16,000 to Rs 16,100 per maund, 200 bales of Bahwalpur were sold at Rs 16,200 per maund, 600 bales of Fort Abbas were sold in between Rs 16,000 to Rs 16,200 per maund, 1000 bales of Khanewal were sold in between Rs 15,800 to Rs 16,200 per maund, 400 bales of Lodhran were sold in between Rs 16,000 to Rs 16,200 per maund, 600 bales of Shujabad were sold in between Rs 15,900 to Rs 16,200 per maund, 200 bales of Haroonabad were sold at Rs 15,950 per maund and 1200 bales of Winder were sold in between Rs 15,550 to Rs 15,900 per maund The Spot Rate Committee of the Karachi Cotton Association decreased the spot rate by Rs 200 per maund and closed it at Rs 15,800 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025
Business Recorder
29-07-2025
- 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
26-06-2025
- Business
- Business Recorder
Spot rate decreased by Rs200 to Rs16,300 per maund
LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday decreased the spot Rate by Rs 200 per maund and closed it at Rs 16,300 per maund. Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume remained satisfactory. He also told that the rate of new cotton in Sindh is in between Rs 16,300 to Rs 16,500 per maund and the rate of cotton in Punjab is in between Rs 16,600 to Rs 16,800 per maund. The rate of Phutti in Punjab is in between Rs 7,800 to Rs 8,600 per 40 kg and the rate of Phutti in Sindh is in between Rs 7,500 to Rs 8,000 per 40 kg. 600 bales of Mir Pur Khas were sold in between Rs 16,300 to Rs 16,400 per maund, 5200 bales of Tando Adam were sold in between Rs 16,300 to Rs 16,500 per maund, 600 bales of Hyderabad, 400 bales of Shahdad Pur were sold at Rs 16,300 per maund, 800 bales of Burewala were sold at Rs 16,600 to Rs 16,800 per maund, 1400 bales of Chichawatni were sold at Rs 16,600 to Rs 16,700 per maund, 200 bales of Tounsa Shareef were sold at Rs 16,700 per maund, 1200 bales of Vehari were sold in between Rs 16,500 to Rs 16,600 per maund and 1000 bales of Sakran were sold at Rs 16,300 per maund. The Spot Rate Committee of the Karachi Cotton Association decreased the spot Rate by Rs 200 per maund and closed it at Rs 16,300 per maund. Polyester Fiber was available at Rs 338 per Kg. Copyright Business Recorder, 2025
Business Recorder
16-06-2025
- Business
- Business Recorder
Trading activity improves as mills indulge in buying of quality cotton
LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Monday increased the spot rate by Rs 3,00 per maund and closed it at Rs 16,500 per maund. Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained steady and the trading volume improved a little bit. He also told that the rate of new cotton in Sindh is in between Rs 16,200 to Rs 16,500 per maund and the rate of cotton in Punjab is in between Rs 16,500 to Rs 17,000 per maund. 800 bales of Tando Adam, 600 bales of Sanghar, 800 bales of Shahdad Pur were sold in between Rs 16,500 to Rs 16,600 per maund, 200 bales of Noor Pur Noranga were sold at Rs 16,900 per maund and 200 bales of Burewala were sold at Rs 17,000 per maund. The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 3,00 per maund and closed it at Rs 16,500 per maund. Polyester Fiber was available at Rs 333 per kg. Copyright Business Recorder, 2025
