Cotton firm
Karachi
Normal trading was witnessed at the Karachi Cotton Exchange on Friday, while spot rates remained unchanged.
The spot rates remained unchanged at Rs6,800/maund (37.324kg) and Rs7,288/40kg. Ex-Karachi rates also stood firm at Rs6,935/maund and Rs7,433/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
An analyst said the season is almost over, while preparations continued for the new crop. Cotton sowing continued partially in lower Sindh, where harvest of wheat had started, he added. “Some early sowing of cotton was damaged, as well because of unfriendly weather,” he said. “Sowing will start in Punjab after April 15, as the government has banned early sowing because of its being vulnerability against the pest attack.”
KCE recorded three transactions of 5,000 bales from Shahdadpur, Daharki and Rahimyar Khan at the rate of Rs5,935 to Rs7,050/maund.
-
Celine Dion Reveals Music She's Listening To Lately -
HR Exec Kristin Cabot To Speak At Crisis PR Conference After Coldplay Incident -
Why Travis Kelce Says Taylor Swift Has Made Him 'so Much Better'? -
Halle Berry Credits This Hairstyle With Launching Her Acting Career -
Hailee Steinfeld Spills Her 'no-phone' Rule With Husband Josh Allen -
Bowen Yang Gets Honest About Post SNL Life: 'It’s An Adjustment' -
Charlize Theron Delivers Strong Message At 2026 Winter Olympics Opening Ceremony -
Lil Jon Reacts To Son Nathan Smith's Death: 'Devastated' -
Bianca Censori Reveals Where She And Kanye West Stand On Having Children Together -
Taylor Swift Hypes Olympic Athletes In Surprise Video Message -
Timothy Busfield Charged With Four Counts Of Child Sexual Abuse -
Amy Schumer Explains Why Her Sudden Photo Surge Is ‘not A Cry For Help’ -
Kanye West First Contacted Bianca Censori While In Marriage To Kim Kardashian? -
Travis Kelce Reveals What His Nieces Really Do When He, Taylor Swift Visit -
Lola Young Makes Career Announcement After Stepping Back From Touring -
Priyanka Chopra Shares Heartfelt Message For Nick Jonas