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Markets Print 2024-05-22

Cotton market remains bearish with low volume

LAHORE: The local cotton market remained bearish on Tuesday and trading volume remained low. Cotton Analyst Naseem...
Published May 22, 2024

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

Cotton Analyst Naseem Usman told Business Recorder that cotton prices in Sindh and Punjab ranged from Rs19,500 to Rs21,500 per maund, while Phutti prices in Punjab were between Rs9,500 and Rs10,000 per 40 kg.

The Spot Rate remained unchanged at Rs19,700 per maund, and Polyester Fiber was available at Rs367 per kg.

Copyright Business Recorder, 2024

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