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Markets Print 2024-05-17

Cotton market: Buyers conspicuous by their absence

LAHORE: The local cotton market remained bearish on Thursday and trading volume remained low. Cotton Analyst Naseem...
Published May 17, 2024

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

Cotton Analyst Naseem Usman said that cotton prices in Sindh and Punjab ranged from Rs 19,500 to Rs 21,500 per maund, while Phutti prices in Punjab were between Rs 9,500 and Rs 10,000 per 40 kg.

The Spot Rate remained unchanged at Rs 19,700 per maund, and Polyester Fiber was available at Rs 367 per kg.

Copyright Business Recorder, 2024

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