Cotton unchanged
Karachi: Normal trading activity was witnessed at the Karachi Cotton Exchange on Monday, while spot rates remained unchanged.
Karachi Cotton Association kept the official spot rates firm at Rs8,250/maund (37.324kg) and Rs8,841/40kg. Ex-Karachi rates also remained unchanged at Rs8,410/maund and Rs9,012/40kg after an addition of Rs160 and Rs171 as upcountry expenses, respectively. Naseem Usman, chairman of the Karachi Cotton Brokers Association, said that there was a decline in yarn prices, which suggests that prices of lint may decline in the coming days. Karachi cotton market recorded 19 transactions of around 24,000 bales at the price of Rs8,200/maund to Rs8,450/maund. Deals were reported from Sanghar, Tando Adam, Shahdadpur, Nawabshah, Rohri, Khairpur, Rajanpur, Khanewal, Kabirwala, Mian Channu, Chichawatni, Vehari, Haroonabad, Taunsa Sharif, and Burewala.
-
Elle Fanning Drops A Hint About Her Role In Upcoming 'Hunger Games' Film -
Jenny McCarthy Makes Blunt Statement On Use Of AI: 'Red Flag' -
'Anaconda' Marks Major Milestone At Box Office -
Lucy Liu Was 'embarrassed' To Tell Costar THIS Truth -
T.K. Carter, 'Punky Brewster' Star, Dies At 69 -
Idris Elba Opens Up About His Next Chapter Post Recent Honour -
Paul Mescal Heaps Praise For Paul McCartney Like George Clooney -
Zara And Mike Tindall Spotted With Harry And Meghan's Friends -
Gwyneth Paltrow Reveals Son Moses' Negative Reaction To 'Marty Supreme' -
Paul Mescal Weighs In On Newly Found Singing Passion -
Teyana Taylor Reveals Who Really Controls Her Styling -
Nina Dobrev Follows Vintage Fashion Trend In Hollywood -
Gracie Abrams Explains Why Creative Environments Inspire Her -
Chad Michael Murray Says Iconic Actress Became His 'aha' Moment -
Robbie Williams Shares His Desperate-for-fame Daughter Teddy's Biggest Fear -
Greenland As Geopolitical Hotspot: Why Arctic Region Matters For US, China & Russia?