Cotton improves
Karachi: Active trading continued at the Karachi Cotton Exchange on Thursday, while spot rates remained unchanged.
The spot rates stood unchanged at Rs6,150/maund (37.324kg) and Rs6,591/40kg. Ex-Karachi rates also remained firm at Rs6,295/maund and Rs6,746/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.
An analyst said the activity decreased in the market after cotton arrivals showed an increase of 36 percent. “Around 50 percent lint had already arrived in the market,” he added.
A total of 19 transactions were recorded of around 15,000 bales at a price of Rs6,050 to Rs6,300/maund. Among them, notable deals were recorded from Shahdadpur, Rohri, Haroonabad, Chistian, Faqirwali, Chichawatni, Fort Abbas and Sadiqabad.
-
Laura Dern Reflects On Being Rejected Due To Something She Can't Help -
HBO Axed Naomi Watts's 'Game Of Thrones' Sequel For This Reason -
King Charles' Sandringham Estate Gets 'public Safety Message' After Andrew Move -
Brooklyn Beckham Plunges Victoria, David Beckham Into Marital Woes: ‘They’re Exhausted As It Seeps Into Marriage -
Lewis Capaldi Sends Taylor Swift Sweet Message After 'Opalite' Video Role -
Sarah Ferguson Joins Andrew In ‘forcing’ Their Daughters Hand: ‘She Can Lose Everything’ -
'Bridgerton' Author Reveals If Actors Will Be Recast In Future Seasons -
50 Cent Super Bowl Ad Goes Viral -
'The Housemaid' Lifts Company's Profits: Here's How -
Michael Douglas Recalls Director's Harsh Words Over 'Wall Street' Performance -
Henry Czerny On Steve Martin Created Humor On 'Pink Panther' Set -
Lady Victoria Hervey: Andrew Mountbatten-Windsor's Ex-girlfriend Proud Of Being On Epstein Files -
Huawei Could Revive Chip Technology If US Lets Guard Down, Intel CEO Says -
Dolly Parton Created One Of Her Iconic Tracks With Acrylic Nails? -
Parents Alarmed As Teens Form Emotional Bonds With AI Companion Chatbots -
Denzel Washington Surprises LeBron James