Cotton unchanged
Karachi : Normal trading activity was recorded at the Karachi Cotton Exchange on Friday, while spot rates remained unchanged.
The spot rates stood firm at Rs8,400/maund (37.324kg) and Rs9,002/4-kg. Ex-Karachi rates also remained unchanged Rs8,545/maund and Rs9,157/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.
An analyst said international markets, including US, China and India were high. “Pakistani market may also reach record Rs9,000/maund in a few days,” he added.
Karachi cotton market recorded six transactions of around 5,000 bales at a price of Rs8,600/maund to Rs8,700/maund. Of these, 1,200 bales were sold from Shahdadpur, 1,600 bales of Tando Adam, 800 bales of Sanghar and 400 bales each of Hyderabad and Kotri, while 200 bales of Chichawatni exchanged hands.
-
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 -
Winter Olympics 2026: Chinese Robot Dance Goes Viral In Milan -
Jessica Biel Urged To Divorce Justin Timberlake?