Cotton improves
Karachi: Active trading was recorded at the Karachi Cotton Exchange on Tuesday, while spot rates increased Rs100/maund.
The spot rates increased to Rs6,700/maund (37.324kg) and Rs7,180/40kg. Ex-Karachi rates also rose to Rs6,845/maund and Rs7,335/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.
An analyst said market prices remained higher because of the devaluation of the rupee. “Indian import will also be difficult, so people are running behind the local lots,” he added. A total of 25 transactions were recorded of around 37,000 bales at a price of Rs6,100 to Rs7,100/maund. Notable deals were recorded from Khairpur, Saleh Pat, Rohri, Daharki, Ghotki, Khairpur, Khanpur Maher, Rahimyar Khan, Sadiqabad, Kot Sabzal, Ahmedpur East, D G Khan, Bahawalpur, Faqirwali, Haroonabad and Mianwali.
-
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 -
Spotify, Major Labels File $13b Lawsuit Over Alleged Music Scraping -
Travis Kelce Opens Up About Being Backup Plan For His Nieces