+917718880355

news

Cotton trading stable

YarnsandFibers News Bureau 2017-12-22 14:00:00 – Karachi

Trading activities at cotton market remained stable with demand for good quality local lint. According to analyst, trading activity would be low next week due to holidays and bank closing.

At the Karachi Cotton Exchange on Thursday, normal trading continue while spot rates remained unchanged.

The spot rates stood firm at Rs7,000/maund (37.324kg) and Rs7,502/40kg. Ex-Karachi rates also remained unchanged at Rs7,145/maund and Rs7,657/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

A total of 16 transactions were recorded of around 16,000 bales at a price of Rs5,800 to Rs7,500/maund.

Notable deals were recorded from Rahimyar Khan, Khanpur, Mian Channu, Liaquatpur, Fort Abbas, Chichawatni, Haroonabad, Mianwali, Samundri and Layyah.

Due to higher prices and the quality issue, Indian import has been difficult.

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello